"Cloud platforms and secure, intelligent access points are essential information management technologies for companies looking to move into Industry 4.0"
says Mark J. Barrenechea, OpenText CEO and CTO.
"This acquisition will strengthen OpenText and provide us with a new way to engage with customers through the SMB/Prosumer channel and through Carbonite's services. We are very excited about the opportunities Carbonite offers and I look forward to welcoming our new customers, partners and employees to OpenText."
The acquisition of Carbonite will extend OpenText's market leadership in Enterprise Information Management (EIM). It complements OpenText's existing security offerings in data loss prevention, digital forensics, endpoint detection and response with Carbonite's data protection and endpoint security solutions. The acquisition also adds significantly to OpenText's cloud business and complements the company's market access.