FalconStor Software, Inc. (OTCPK:FALC) will look for M&A opportunities. Todd Brooks, FalconStor's Chief Executive Officer said, ?we will continue to seek very targeted M&A opportunities while remaining focused on positive cash flow and operating performance. And then finally, we'll continue to look to improve our capital structure and liquidity profile. And as most of you know, we've made some good strides in that area also throughout 2021?.
FalconStor Software, Inc. is a provider of data protection software with a focus on recovery and backup operations for the hybrid cloud world. The Company enables enterprise customers and managed service providers to secure, migrate, and protect their data while reducing data storage. Its products are offered through and supported by a worldwide network of original equipment manufacturers (OEMs), managed service providers (MSPs), systems integrators, and resellers. Its products are StorSafe, Virtual Tape Library (VTL), Continuous Data Protector (CDP), Network Storage Server (NSS) and StorSight. The Companyâs supporting technologies include RecoverTrac (RecoverTrac) Disaster Recovery Technology and MicroScan (MicroScan) Technology. FalconStor and FalconStor Software are trademarks of the Company in the United States and other countries. Its geographical areas include the Americas, Asia Pacific, and Europe, the Middle East, Africa, and other.
FALCONSTOR SOFTWARE, INC. 