Allied Advisers Served as Sell-Side Advisor to KeyNexus on its Sale to StorMagic
- Gaurav Bhasin
- May 31, 2020
- 1 min read
Summary:
Allied Advisers served as sell-side advisor to KeyNexus on its acquisition by StorMagic. The transaction expands StorMagic’s capabilities in encryption and key management, enabling organizations to better secure data across edge and distributed environments. The combination supports a more comprehensive solution for managing, protecting, and controlling access to sensitive data, particularly in remote and resource-constrained locations. The integration of KeyNexus strengthens StorMagic’s ability to deliver secure, software-defined infrastructure at the edge.
About KeyNexus
KeyNexus is a provider of encryption key management solutions designed to secure data across distributed and edge environments. Its software enables organizations to centrally manage encryption keys, enforce security policies, and maintain control over sensitive information across multiple locations. The platform supports compliance and data protection requirements for enterprises operating in decentralized infrastructure environments. KeyNexus serves organizations seeking to strengthen security and governance of encrypted data.
About StorMagic
StorMagic is a provider of storage, virtualization, and security solutions designed for edge and on-premises deployments. The company’s software enables organizations to run applications reliably in environments with limited resources or without dedicated IT staff. StorMagic’s solutions are widely used across industries such as retail, manufacturing, and healthcare to support distributed infrastructure and business-critical applications. The company focuses on simplicity, reliability, and cost efficiency in edge computing environments.
About Allied Advisers
Allied Advisers is a global technology-focused advisory firm specializing in M&A and Capital Raises for middle-market companies. We have successfully advised on over 100 transactions totaling $15B+ in deal value across US, Canada, Europe, India, Israel, and South America.
