Carbonite to acquire Webroot for $618.5M
BROOMFIELD — Carbonite Inc. (Nasdaq: CARB) will acquire Webroot Inc. for $618.5 million.
Carbonite, a Boston-based data protection provider has decided to acquire the Broomfield-based cybersecurity company in order to address a top vulnerability in business — the endpoint. The two will take a comprehensive approach to protection through cloud-based cybersecurity, backup and protection.
“The acquisition of Webroot dramatically accelerates our progress toward becoming the leading data protection company,” Mohamad Ali, president and CEO of Carbonite, said in a prepared statement. “With threats like ransomware evolving daily, our customers and partners are increasingly seeking a more comprehensive solution that is both powerful and easy…
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