Online Data Backup Firm AmeriVault Merging with NTG - Waltham, MA

AmeriVault, an online backup provider, and NTG, a Louisiana-based hosting services and data protection company, on Monday announced they are merging into a single company called Venyu, which will offer commercial-grade, customizable solutions for data protection, availability and recovery. According to Venyu, bolstered by the financial strength and stability of both company’s parent, PHNS, it will give small-to-medium sized businesses more reliable data protection and recovery alternatives and eliminates the need for courier services, back-up tape and on-premise hardware.

http://www.venyu.com