The Lower Austrian startup Minebox, headquartered in Gablitz, Lower Austria, near Vienna, has a new owner - one on the other side of the planet. As the CEO of the New Zealand server specialist Clear Center, Michael Proper, announced, the globally operating company has bought the Austrian startup. The two companies did not want to give any details about the purchase price.
Minebox specializes in blockchain-based NAS systems that can be used to create remote backups. This should offer skeptics of cloud storage services like Dropbox or Google Cloud an alternative.
"We have big plans that can not be implemented on their own," says Andreas Petersson, co-founder of Minebox on Trending Topics. "We want to gain access to new markets and customers, and it's easier with such a large partner." Minebox's ability to protect blockchain-based technologies, in particular, convinced ClearCenter. "It will be a lot easier for us to bring new products to the market," says Minebox CEO Vlado Petrushev.
Location is preserved, brand name is not
Minebox will be fully absorbed in ClearCenter. The location should be preserved, but not the brand name. Headquartered in New Zealand, ClearCenter operates in over 150 countries and offers Linux server solutions for small and medium-sized businesses. Both companies have partnerships with Hewlett Packard Enterprises and work for the global corporation on the next generation of ProLiant servers.
According to the commercial register, the previous owners of Minebox were the two founders Andreas Petersson (share: 15%) and the native Macedonian Vlado Petrushev (share: 85%). The development team is currently expected to include 4 developers. More details about the deal are due to be announced next week.
Data storage with decentralized backups
Minebox sold as reported Blockchain-based network storage. These hang in a network from other stores, so users can make decentralized backups. "Cloud backup costs more over the years than buying the hardware," says Petersson. The hardware for these NAS systems comes with HP Enterprise and is sold at 8 or 16 terabytes (from about 750 euros).
The backups in the peer-to-peer network, which is based on blockchain technology, then the crypto currency SiaCoin comes into play. These can be earned by sharing your own space for others, or you can pay with SiaCoin if you need extra storage on the mineboxes.
Source: https: //www.trendingtopics.at/erster-blockchain-exit-fuer-oesterreich-startup-minebox-an-neuseelaendische-clearcenter-verkauft/
Peace Love and harimbadl