![]() ![]() The acquisition is expected to close within 90 days. The acquisition also adds to OpenText’s cloud business and complements OpenText’s routes to market, strong enterprise customer base in the global 10,000, enhanced SMB and prosumer markets. Acquired by OpenText in December 2019, Carbonite products bring cyber-resilient solutions to each of our customers, from home users to managed service providers and businesses of all sizes. ![]() OpenText said it will leverage Carbonite to extend OpenText’s leadership in the EIM market by complementing OpenText’s security offerings in data loss prevention, digital forensics, endpoint detection and response with the addition of Carbonite’s data protection and endpoint security offerings. 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.” (NASDAQ: CARB), a global leader in data protection and cybersecurity, announced an updated executive leadership team naming John Post as Chief Operating Officer Chad Bacher as Chief Product Officer Hal Lonas as Chief Technology Officer and Scott Semel as Interim General Counsel. The Company provides cloud and hybrid data protection solutions for businesses to ensure the data is. “This acquisition will further strengthen OpenText as a leader in cloud platforms, complete endpoint security and protection, and will open a new route to connect with customers through Carbonite’s marquee SMB channel and products. Carbonite operates as a data protection solutions provider. Barrenechea, OpenText CEO and CTO, in a statement. “Cloud platforms and secured, smart endpoints are essential information management technologies as businesses transform into Industry 4.0,” said Mark J. The Insider Sentiment Score finds the companies being bought by corporate insiders. The company said it has the only complete offering for EIM with a comprehensive view of all the information within an organization. Operating in 40 countries, Ontario, Canada-based OpenText specializes in enterprise information management (EIM) for on-premises and cloud services. the release here: - OpenText November 11, 2019 Advanced Encryption Standard algorithm (named Rijndael, pronounced Rain Doll ) was developed by cryptographers Dr. provider of #cloud based data protection, backup, disaster recovery & end-point #security to small/medium businesses. The Carbonite Server Backup Agent, Carbonite Server Backup CentralControl, and Carbonite Server Backup Director applications have the encryption option of AES (Advanced Encryption Standard). OpenText has entered into a definitive agreement to acquire Carbonite Inc. ![]()
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