CloudFirst to Join Performive in Strategic Growth Transaction
Transaction Announcement: Data Storage Corporation has entered into an agreement to sell its subsidiary, CloudFirst Technologies, to Performive, aiming to enhance CloudFirst's growth while exploring strategic opportunities for shareholder value. The transaction is pending approval from shareholders at the annual meeting on September 10, 2025.
Future Plans: If approved, Data Storage plans to use proceeds from the sale for a tender offer to repurchase up to 85% of its outstanding shares and pursue strategic acquisitions in high-growth sectors such as AI-enabled SaaS, cybersecurity, and healthcare automation.
Trade with 70% Backtested Accuracy
Analyst Views on DTSTW
No data
About the author
DATA STORAGE CORPORATION RELEASES FINAL OUTCOMES OF TENDER OFFER
Final Results Announcement: Data Storage Corporation has announced the final results of its tender offer.
Tender Offer Details: The announcement includes specifics about the number of shares accepted and the overall response from shareholders.
Data Storage Corporation Delays Third Quarter Business Update Conference Call for 2025
Postponement of Conference Call: Data Storage Corporation has postponed its 2025 third quarter business update conference call, originally set for November 14, 2025, to allow for accounting adjustments following the sale of its CloudFirst subsidiary.
Focus on Financial Adjustments: The company is working to finalize necessary accounting adjustments and will announce a new date and time for the conference call once available.
Future Investment Plans: Following the completion of a tender offer, Data Storage Corporation plans to invest in various sectors, including GPU Infrastructure-as-a-Service, AI-driven software applications, cybersecurity, and telecommunications.
Forward-Looking Statements: The release includes forward-looking statements that involve risks and uncertainties, with details available in the company's filings with the Securities and Exchange Commission.
Data Storage Corporation to Hold Business Update Conference Call on November 14, 2025, at 11:00 AM ET
Conference Call Announcement: Data Storage Corporation will host a business update conference call on November 14, 2025, to discuss the sale of its CloudFirst subsidiary and its strategic business outlook.
Access Information: The call can be accessed via telephone or webcast, with replays available on the company's website and through a dedicated phone line.
Future Investments: Post-tender offer, Data Storage Corporation plans to invest in areas such as GPU Infrastructure-as-a-Service, AI-driven software applications, cybersecurity, and telecommunications.
Forward-Looking Statements: The release includes forward-looking statements that involve risks and uncertainties, with details available in the company's SEC filings.
Data Storage Corporation to Participate in the 2025 iAccess Alpha Virtual Conference
Company Participation in Conference: Data Storage Corporation (DSC) will participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference on March 25-26, 2025, where management will present insights into their business strategy and growth opportunities.
Overview of Services: DSC is a leading provider of multi-cloud hosting and managed cloud services, focusing on IT modernization, disaster recovery, and cybersecurity, with partnerships with major cloud providers like AWS, Microsoft Azure, and Google Cloud.
Data Storage Corporation’s CloudFirst Subsidiary Enters Strategic Partnership with Brightsolid for Expanded IBM Cloud Solutions in Scotland
Partnership Announcement: Data Storage Corporation's subsidiary, CloudFirst Europe, has formed a strategic partnership with Brightsolid, enhancing its cloud service offerings in Scotland and the UK through Brightsolid's top-tier data centers.
Service Expansion: The collaboration aims to combine CloudFirst's IBM cloud solutions with Brightsolid's regional expertise, providing a comprehensive suite of secure and reliable cloud services to clients across various sectors.
Data Storage Corporation's Subsidiary CloudFirst Announces Global Expansion Strategy
Company Expansion: Data Storage Corporation (DSC) is launching a global expansion of its CloudFirst operations to meet rising demand for cloud services in the UK and Europe, particularly for IBM Power systems.
Strategic Partnerships: The company plans to establish partnerships with data centers and service providers to enhance its cloud offerings, focusing on delivering high-quality support and services for businesses relying on IBM Power-based applications.
DATA STORAGE CORPORATION RELEASES FINAL OUTCOMES OF TENDER OFFER
Final Results Announcement: Data Storage Corporation has announced the final results of its tender offer.
Tender Offer Details: The announcement includes specifics about the number of shares accepted and the overall response from shareholders.
Data Storage Corporation Delays Third Quarter Business Update Conference Call for 2025
Postponement of Conference Call: Data Storage Corporation has postponed its 2025 third quarter business update conference call, originally set for November 14, 2025, to allow for accounting adjustments following the sale of its CloudFirst subsidiary.
Focus on Financial Adjustments: The company is working to finalize necessary accounting adjustments and will announce a new date and time for the conference call once available.
Future Investment Plans: Following the completion of a tender offer, Data Storage Corporation plans to invest in various sectors, including GPU Infrastructure-as-a-Service, AI-driven software applications, cybersecurity, and telecommunications.
Forward-Looking Statements: The release includes forward-looking statements that involve risks and uncertainties, with details available in the company's filings with the Securities and Exchange Commission.
Data Storage Corporation to Hold Business Update Conference Call on November 14, 2025, at 11:00 AM ET
Conference Call Announcement: Data Storage Corporation will host a business update conference call on November 14, 2025, to discuss the sale of its CloudFirst subsidiary and its strategic business outlook.
Access Information: The call can be accessed via telephone or webcast, with replays available on the company's website and through a dedicated phone line.
Future Investments: Post-tender offer, Data Storage Corporation plans to invest in areas such as GPU Infrastructure-as-a-Service, AI-driven software applications, cybersecurity, and telecommunications.
Forward-Looking Statements: The release includes forward-looking statements that involve risks and uncertainties, with details available in the company's SEC filings.
Data Storage Corporation to Participate in the 2025 iAccess Alpha Virtual Conference
Company Participation in Conference: Data Storage Corporation (DSC) will participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference on March 25-26, 2025, where management will present insights into their business strategy and growth opportunities.
Overview of Services: DSC is a leading provider of multi-cloud hosting and managed cloud services, focusing on IT modernization, disaster recovery, and cybersecurity, with partnerships with major cloud providers like AWS, Microsoft Azure, and Google Cloud.
Data Storage Corporation’s CloudFirst Subsidiary Enters Strategic Partnership with Brightsolid for Expanded IBM Cloud Solutions in Scotland
Partnership Announcement: Data Storage Corporation's subsidiary, CloudFirst Europe, has formed a strategic partnership with Brightsolid, enhancing its cloud service offerings in Scotland and the UK through Brightsolid's top-tier data centers.
Service Expansion: The collaboration aims to combine CloudFirst's IBM cloud solutions with Brightsolid's regional expertise, providing a comprehensive suite of secure and reliable cloud services to clients across various sectors.
Data Storage Corporation's Subsidiary CloudFirst Announces Global Expansion Strategy
Company Expansion: Data Storage Corporation (DSC) is launching a global expansion of its CloudFirst operations to meet rising demand for cloud services in the UK and Europe, particularly for IBM Power systems.
Strategic Partnerships: The company plans to establish partnerships with data centers and service providers to enhance its cloud offerings, focusing on delivering high-quality support and services for businesses relying on IBM Power-based applications.
