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OpenText Corp. to buy cloud-focused Carbonite Inc. in billion dollar deal

Art Post ·
Canada's OpenText Corp. shares surged Monday after the company announced a $1.42-billion US deal to acquire Carbonite Inc. to strengthen its offerings in the highly competitive cloud-based software sector. The acquisition will be the ninth cloud-focused acquisition for Waterloo, Ont.-based OpenText, said company CEO Mark Barrenechea on a conference call Monday. "This places OpenText as a leading cloud consolidator. All assets combined, we will be approaching two exabytes 1/81 billion...
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Carbonite Seeks CEO Amid Security Momentum, Data Protection Challenges

Art Post ·
Carbonite CEO Mohamad Ali has stepped down from the data protection and cybersecurity company to join IDG as CEO . Carbonite chairman Steve Munford has been named interim CEO. The company has hired an executive search firm to identify the best candidate to serve as Carbonite’s next CEO, the firm said in a prepared statement. Although Munford is the former CEO of Sophos (2005-2012), he is not a candidate for the permanent CEO position. read the rest here
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Ransomware Key Findings

Art Post ·
The clip came from report from Carbonite and Webroot. thought it would be a good share
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