#Carbonite inc software#

It will also give them the ability to add to their cloud business. Prime 7.50/month billed annually Buy now. DJL Training is proud to be a Carbonite Authorized Partner Protect all you companys computer, external drives and more for one low rate Access and restore. Basic 4.20/month billed annually Buy now. It’s hoped that the procurement will extend OpenText’s ability to offer data loss prevention, digital forensics, end-point detection and response with the addition of Carbonite’s data protection and end-point security solutions. Limited time only Get started with the backup plan that's right for you. Currently, Carbonite has an Annual Recurring Revenues (ARR) of 90%. The acquisition is being made for approximately $1.42 billion, this includes any of Carbonites debt. The resulting growth in cash flows will enable us to maintain a healthy balance sheet, deliver strong earnings, and continue to deliver consistent growth in dividends to shareholders,” Ranganathan adds. Once integrated, we expect to increase our annual recurring revenues, deliver strong cloud growth, and expand cloud margins and adjusted EBITDA. United States of America, WILMINGTON, C/O CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, 19808. “We are excited by the opportunity to bring forth exceptional leadership in operational execution and integration capabilities to Carbonite. OpenText’s EVP & CFO, Madhu Ranganathan suggested that the acquisition gives the digital AI company a “strong start’ in its Total Growth strategy for 2020. We are very excited about the opportunities that Carbonite will bring, and I look forward to welcoming our new customers, partners and employees to OpenText.” An exciting opportunity

#Carbonite inc software#

He added: “This acquisition will further strengthen OpenText as a leader in cloud platforms, complete end-point security and protection, and will open a new route to connect with customers, through Carbonite’s marquee SMB/prosumer channel and products. Discover the latest ERP, HCM, CRM, Procurement software purchases and digital transformation initiatives being undertaken by Carbonite, Inc. Barrenechea, OpenTextCEO & CTO spoke of the importance of cloud platform and secured end points in today’s IT sector for business to transform. Carbonite provides cloud backup solutions for home and business customers.

OpenText, a firm that helps to digitalise processes through AI solutions, has officially confirmed it will be acquiring Carbonite, Inc., a provider of cloud-based subscription data protection.