Carbonite inc driver#
Carbonite inc software#

It will also give them the ability to add to their cloud business. 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. 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.

Carbonite inc software#

Our team will also train customer administrators on creating backup policies, deploying the software to endpoints, and integration with Active Directory for easy management of users. Once integrated, we expect to increase our annual recurring revenues, deliver strong cloud growth, and expand cloud margins and adjusted EBITDA. Carbonite Professional Services will deploy our PaaS offering onto a customers Azure EA which enables the ability to backup endpoints to Azure. “We are excited by the opportunity to bring forth exceptional leadership in operational execution and integration capabilities to Carbonite. (FRA:) : Stock quote, stock chart, quotes, analysis, advice, financials and news for share CARBONITE, INC. 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

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. Barrenechea, OpenTextCEO & CTO spoke of the importance of cloud platform and secured end points in today’s IT sector for business to transform.

Carbonite inc driver#

More quality, more timely payments, and more responsibility from a truck driver and owner-operator perspective, and timely and consistent service from a customer’s perspective. Whether it's computer protection, server backup or both, you can easily find the solution that meets your needs. was founded in the belief that the South Florida trucking market deserved more. We've partnered with Carbonite to keep businesses running smoothly. 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. From simple to sophisticated, we have a Carbonite solution for you.