Kiteworks has acquired ownCloud for an undisclosed amount, completing the transaction in November 2023. ownCloud, now a Kiteworks company, develops and provides open-source software for content collaboration, enabling teams to easily share and work on files seamlessly regardless of device or location. More than 200 million users worldwide utilize ownCloud as an alternative to public clouds, focusing on improving digital sovereignty, security, and data protection for their data.
Kiteworks unifies, tracks, controls, and secures sensitive content communications through its content-defined zero trust architecture within Kiteworks-enabled Private Content Networks. As the only security platform authorized by FedRAMP that supports file sharing, managed file transfer, and email data communications, Kiteworks helps organizations meet stringent compliance requirements for standards such as CMMC 2.0, ITAR, IRAP, and NIS 2.
This acquisition is a strategic move to combine ownCloud's robust open-source content collaboration capabilities with Kiteworks' advanced security and compliance platform. The synergy aims to address the growing demand for secure and sovereign alternatives to public cloud solutions, particularly for enterprises and public sector entities facing strict data governance and regulatory mandates. Integrating ownCloud's extensive user base and flexible deployment options with Kiteworks' certified secure communication framework creates a comprehensive solution for managing sensitive content.
The combined entity is expected to offer an unparalleled platform for secure content collaboration and communication, empowering organizations to maintain digital sovereignty while ensuring full compliance with complex global regulations. This move positions Kiteworks to provide a more holistic and trusted environment for sensitive content, enhancing productivity and control for customers worldwide.