5 Companies That Came To Win This Week

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Backup, archiving and disaster recovery technology developer Unitrends continued its push into the SMB storage market Wednesday after it signed an agreement acquire PHD Virtual Technologies.

Unitrends CEO Mike Coney said the acquisition will allow Unitrends to better compete against Veeam in virtualized environments and expand geographically.

"[PHD Virtual is] slightly downmarket compared to us," he said. "They compete against Veeam. We also have virtual appliances. But PHD Virtual has a more mature offering and, like us, their technology scales up nicely."

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