OpenText to Acquire Data Protection Vendor Carbonite for $1.42 Billion

OpenText, a provider of enterprise information management (EIM) software, has entered into a definitive agreement to acquire Carbonite, a provider of cloud-based subscription data protection, backup, disaster recovery and end-point security solutions for small- and medium-sized businesses and consumers. “Cloud platforms and secured, smart end-points are essential information management technologies as businesses transform into Industry 4.0,” said Mark J.

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