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This explains why Sphere 3D bought V3 Systems -

MISSISSAUGA, Ontario, Feb. 11, 2014 (GLOBE NEWSWIRE) -- Sphere 3D Corporation (TSX-V:ANY) (OTCQX:SPIHF) ("Sphere 3D" or the "Company"), a virtualization technology solution provider making it possible for incompatible devices and applications to run over the cloud, today announced that it has entered into a definitive agreement to acquire V3 Systems, Inc. ("V3" or "V3 Systems")

Founded in 2010 and based in Salt Lake City, Utah, V3 is a technology leader in desktop cloud management solutions. V3 is the creator of the Desktop Cloud Orchestrator™ ("DCO") software, which allows administrators to manage local, cloud hosted, or hybrid virtual desktop deployments and the V3 Appliance; a series of purpose-built, compact, efficient and easy-to-manage servers. As a VMware OEM embedded partner, V3 has revolutionized the speed, ease of use, deployment and even the data center required for virtual desktop infrastructure (VDI). V3 has won numerous awards including a DEMOgod™ Award, Best Startup Company at the Best of INTEROP 2012, and a Utah Innovation Award in 2013. The V3 customer list includes the FBI, U.S. Department of Labor, U.S. Naval Academy, University of Texas, Blue Cross Blue Shield, and Children's Hospital of Alabama, among others.

"This acquisition will quickly add breadth to our overall product portfolio, and fast tracks our transition to commercial operations with accretive revenue from day one," said Sphere 3D's CEO Peter Tassiopoulos "The V3 executive and Sphere 3D team share a vision of anywhere, anytime computing. Through this acquisition we will be able to accelerate on the delivery of that vision"

Sphere 3D has been working closely with V3 for several months and commenced shipping of V3 Appliances to customers in January 2014. Sphere 3D and its global licensee, Overland Storage Inc. (Nasdaq:OVRL), have expanded their relationship to include the V3 offering and will embed some of Overland's award winning Network Assisted Storage (NAS) and Clustered Storage technology within the product suite to create new Software Defined Storage capability. Overland will deliver both the Sphere 3D and V3 products through Overland's extensive global network of channel partners and service providers.

"Sphere 3D's ground-breaking work in virtualizing and delivering applications coupled with V3's high-performance virtual desktops and management tools will create a new product category within the end user computing industry," said V3 Systems' CEO Ric Lindstrom. "Bringing together the two technologies will provide a true contextual desktop and application experience. We expect this combination will offer a very compelling solution to customers in sectors such as financial services, government, education, and healthcare."

Utilizing the V3 DCO software, a desktop administrator or user can synchronize their images to images being hosted in the cloud, allowing for easy and simple fail-over and service levels that enhance performance, security, up-time, and a host of other desirable features which are prohibitively expensive or impossible when compared to physical desktop deployment implementations, traditional data as a service (DaaS), or even VDI.

The V3 Appliance is a purpose built server designed for easy deployment and support. Seamless data center integration is accomplished by housing every system and software-critical component within the V3 Appliance, for a solution that can be implemented out-of-the-box. With substantially less hardware to support and the ability to perform distributed deployment of virtual desktops through a single user-friendly interface, the simplicity of the V3 architecture translates into minimal IT management. Organizations can deploy anywhere from 50 to thousands of virtual desktops by deploying additional V3 Appliances into server racks, providing for ease of scalability.

"We founded V3 Systems to address performance bottlenecks inherent in legacy on premise and cloud-based VDI deployments," said V3 Systems founder and Chief Scientific Officer, Peter Bookman. "Speed is a funny thing...you never know you need it until you experience it, and then you can't live without it. V3 Systems continues to lead the way in providing the best computing experience possible. This relationship will ensure continual thought leadership in breaking down barriers to this level of end user computing."

More from V3 website -

About V3 Systems -

Desktop Cloud Computing Appliance by V3 Systems

Other virtual desktop programs from traditional vendors can perform well in a pilot program but quickly degrade when fully deployed. When scaled up, the bottleneck slows performance for all users, and the management software required to maintain such systems usually needs senior IT staff to operate it.

The Desktop Cloud Computing Appliance is easily scalable and guaranteed to be two to eight times faster than a physical desktop. The company also gives customers the flexibility to deliver between 25 and 400 virtual desktops per appliance to best suit company needs. V3’s virtual desktop solution also provides predictable up-front and future costs for companies.