Carbonite inc3/4/2023 ![]() The business provides easy-to-use, affordable, unlimited, and. Carbonite is an OpenText company that provides the tools required for protecting data from the most common types of data loss, such as accidental deletions, ransomware, hardware failures, as well as natural disasters. OpenText, which has a market capitalization of $15 billion, provides enterprise information management software, helping companies digitize processes and supply chains for more efficient operations among other services. is a leading provider of online backup solutions for consumers and small and medium sized businesses, or SMBs. Carbonite provides cloud backup solutions for home and business customers. ![]() The company says it expects to close the deal within 90 days. In order to activate your license keys (formerly called activation codes), you must provide your. Under the deal, OpenText will pay $23 per share in cash for about $800 million in total, while debt obligations bring the total deal value to about $1.42 billion. From the website: Cloud backup software from Carbonite helps protect your personal & business data from common forms of data loss. We are constantly striving to improve the Pavement Maintenance Industry with innovation in design and application. To receive more information regarding the investigation of Carbonite, Inc please fill out the form below. are dedicated to providing our customers with the best service, materials and equipment at fair and marketable prices while continuing to improve on the current technologies. Under the terms of the transaction, Carbonite shareholders will receive 23.00 in cash for each share of Carbonite common stock owned. market, OpenText can leverage its network of clients globally in places like the U.K., France, Germany, Japan, Singapore and Australia to expand demand. Carbonite, Inc (CARB) related to its sale to Open Text Corporation. He said that with Carbonite focused largely on the U.S. "We put security front and centre only about two years ago when we acquired Guidance, so it's a low penetration rate for us, it's still early days." Expanding demand Carbonite provides cloud backup solutions for home and business customers. The acquisition will strengthen Open Text's security offerings for its cloud platforms, said Barrenechea.Ĭloud computing has become a key focus for many of the world's largest technology companies including Amazon, Google, IBM, Microsoft and Alibaba. Open Text to buy customer communications assets from HP for $315 million USīoston-based Carbonite brings a focus of cloud-based subscription data protection, backup, disaster recovery, and end-point security for a variety of customers. provides cloud and hybrid backup solutions to small and medium sized businesses and individuals in the United States.2019: Waterloo region tech leaders predict change on new year horizon.
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