SEP, manufacturer of platform-independent backup and disaster recovery solutions, is taking a new shareholder on board with BayBG Bayerische Beteiligungsgesellschaft, which is acquiring ten percent of the shares. SEP is using the additional capital to drive forward the expansion of international sales of its open source-based software.
The core product, the SEP Sesam data backup solution, backs up a large number of virtual environments, operating systems, applications - such as SAP Hana - and databases, including via snapshots. The solution works reliably and consistently implements the requirements of the EU GDPR.
"With BayBG, we welcome a renowned investor to our circle of shareholders"
says Georg Moosreiner, CEO of SEP.
"BayBG is a good fit for our medium-sized company with an international focus. We can now rapidly expand and strengthen our internationalization and sales activities."
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