Converged Technology acquires WeVault

CHICAGO, USA: Converged Technology Professionals' purchase of WeVault, LLC represents the company's further commitment to cloud solutions. With more than 100,000 end users supported and an average of 600 new user account signups every month, WeVault is one of the fastest-growing cloud based disaster recovery solutions in the Midwest.

More than half of WeVault's customers are using the software to backup premise-based ShoreTel installations while others are using it as a tool to compliment disaster recovery planning. Its tremendous popularity, especially among the IT sector, brings a significant community of new clients to the Converged Technology Professionals family. The combination of CT-PROS and WeVault is expected to grow Converged Technology Professionals' cloud audience by 50 percent in 2014.

WeVault will continue to be independently operated as a separate business. The products, services, and brands will continue to be defined and developed separately with the same commitment to bring solutions that meet the needs of the emerging cloud base.

The acquisition offers unique opportunities for both companies. Through Converged Technology Professionals' status as a Cloud Enabled Gold Champion Partner, WeVault can deploy ShoreTel Sky, a cloud-based phone system and unified communications solution.

In turn, WeVault brings the infrastructure and software to provide cloud backup services to Converged's growing premise base as well as its emerging cloud business models. Additionally, the two companies will work together to create advertising opportunities that are integrated and combine services that enhance the user experience.

"WeVault has created a niche market and is gaining market share month over month," said Joe Rittenhouse, president of Business Development at Converged Technology Professionals.

"On the surface WeVault and CT-PROS are very different business entities, but together they provide complimentary services that benefit the combined customer base. Both Converged and WeVault are all about taking care of the customer and delivering unmatched operational experience. We look forward to seeing our established and emerging brands flourish as a result of this merger."