CloudBacko Corporation is now a wholly owned subsidiary of Ahsay Backup Software Development Company Limited [HKEx Stock Code: 8290]

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CloudBacko Corporation is now a wholly owned subsidiary of Ahsay Backup Software Development Company Limited [HKEx Stock Code: 8290]

Postby AdelineWong » Wed Oct 14, 2015 2:01 pm

Dear customers, CloudBacko Corporation is now a wholly owned subsidiary of Ahsay Backup Software Development Company Limited [HKEx Stock Code: 8290]. Ahsay has been successfully listed on Hong Kong Stock Exchange GEM Board on October 8th, 2015. The company intends to use 65.5% of its estimated net proceeds from the share placing for pursuing growth through selective acquisition and partnership, and plans to launch new version of Ahsay Backup Software in the fourth quarter of this year.

The positioning of CloudBacko and that of Ahsay are different. CloudBacko's product is a stand alone backup software specifically designed for small businesses and home users; while Ahsay's product is server/client architecture with centralized management capability for larger enterprises with multiple machines to backup, and for MSPs to offer managed backup service to their end customers.

After merging with Ahsay, CloudBacko will maintain our own development resources and keep improving our product to better cater for the needs of small businesses and home users. Please keep supporting us.

Here are the photos taken during the listing ceremony of Ahsay on October 8th, 2015:
 
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Adeline Wong
Marketing Team of CloudBacko
The Most Secure Cloud & Local Backup Software
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