In December of 2019, OpenText acquired Carbonite and Webroot to help bring comprehensive cyber resilience solutions to the enterprise, managed service provider, business, and consumer markets. Forward-looking statements in this document include, among other things, statements about the potential benefits of the proposed acquisition, Carbonite’s and OpenText’s plans, objectives, expectations and intentions, the anticipated timing of closing of the proposed acquisition and expected plans for financing the proposed acquisition. Copies of the documents filed with the SEC by OpenText will be available free of charge on OpenText’s internet website at https://investors.opentext.com or by contacting OpenText’s Investor Relations Department at (415) 963-0825. Carbonite and Webroot were acquired by OpenText in December 2019. We’re all looking forward to a bit of time off for the upcoming holiday season and that can lead to complacency. When Carbonite acquired Webroot, there were some significant concerns from MSPs about what the future would entail. Webroot claims 300,000 SMB customers and 14,000 managed service providers. There is little additional information I can share right now, but I look forward to sharing more details as we go through the acquisition and integration process. If you’re a member of the press or an industry analyst attending the event and would like to set up a meeting, please email media@carbonite.com Is that correct? The answer could be Yes, No, or I don’t know yet. Choose your country. Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection and cybersecurity, today announced that it has entered into a definitive agreement to be acquired by OpenText TM (NASDAQ: OTEX, TSX:OTEX), a market leader in Enterprise Information Management software and solutions, for $23.00 per Carbonite share in cash. Current OpenText customers should chose the version that relates to the effective date of their purchase. We foster a thriving, dynamic environment rich with inventive minds and entrepreneurial spirit and our employees are empowered and encouraged to build their careers at OpenText. Now that they are all part of OpenText, another vendor that most Webroot MSPs have little firsthand experience with, Stilwell emphasized that the … Carbonite has agreed to a $1.42 billion purchase by OpenText, an enterprise information management giant, ending weeks of speculation about the anticipated buyout. So you’re saying that, looking forward, OpenText is committed to continuing to offer cybersecurity protection not only to Webroot’s corporate customers but also to its private consumers? Webroot | 21 613 abonnés sur LinkedIn. It has more than 300,000 SMB customers, 14,000 MSPs and 7 million professional users. @freydrew (or @khumphrey? Carbonite assumes no obligation to update forward-looking statements contained in this communication as the result of new information or future events or developments. “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.” Earlier this year, Carbonite itself had announced the acquisition of cybersecurity solutions provider Webroot in a cash deal of US$618.5 million. Apr 2018 – May 2019 1 year 2 months. OpenText. Additional copies may be obtained for free by contacting OpenText or Carbonite. It has more than 300,000 SMB customers, 14,000 MSPs and 7 million professional users. OpenText has a combined partner program for its Carbonite and Webroot channels coming this summer.. Learn more about our cookies. Products. Canadian content services vendor OpenText acquired endpoint security and backup vendor Carbonite for $1.42 billion USD. Webroot BrightCloud Threat Intelligence services strengthen the reputation capabilities offered by EnCase Endpoint Security in the Enterprise. In the press reports, there is talk of how this acquisition marks a new move for OpenText into the SME sector. This communication contains forward-looking information related to Carbonite, OpenText and the proposed acquisition of Carbonite by OpenText that involves substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. OpenText has completed its $1.42 billion acquisition of Carbonite, which acquired Webroot last year for more than $600 million.. Carbonite provides cloud-based subscription data protection, backup, disaster recovery and endpoint security to SMBs and consumers. A further description of risks and uncertainties relating to Carbonite can be found in Carbonite Annual Report on Form 10-K for the fiscal year ended December 31, 2018, and in its subsequent Quarterly. Read the press release. Sorry, we're still checking this file's contents to make sure it's safe to download. The Carbonite buyout comes after several weeks of negotiations with multiple bidders — including several private equity firms. Well if any are left with Webroot I wonder whom will stay after renewal? Amplifying Webroot's commitment to protect home and business from today's cyberthreats, OpenText is committed to the mission of being cyber resilient. Carbonite will be sharing updates about the Webroot acquisition at Dell Technologies World 2019 (April 29-May 2, 2019) in Las Vegas, NV. In March 2019, Carbonite confirmed the purchase. Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection and cybersecurity, today announced that it has entered into a definitive agreement to be acquired by OpenText TM (NASDAQ: OTEX, TSX:OTEX), a market leader in Enterprise Information Management software and solutions, for $23.00 per Carbonite share in cash. Ken Thon, Security Awareness Sales Engineer @ Carbonite + Webroot, an OpenText company. OpenText, headquartered in Ontario, sells enterprise information management software. The deal marks a … OpenText. Opentext Acquires Carbonite. Webroot is based in Colorado and operates under US law. Sadly, it’s the explorer.exe process, which is a basic process in every version of Windows. Stilwell is retiring from OpenText now that Carbonite and Webroot are integrated into OpenText. Risks and uncertainties include, among other things, risks related to the satisfaction or waiver of the conditions to closing the proposed acquisition (including the failure to obtain necessary regulatory approvals) in the anticipated timeframe or at all, including uncertainties as to how many of Carbonite’s stockholders will tender their shares in the tender offer and the possibility that the acquisition does not close; the possibility that competing offers may be made; risks related to obtaining the requisite consents to the acquisition, including, without limitation, the timing (including possible delays) and receipt of regulatory approvals from various governmental entities (including any conditions, limitations or restrictions placed on these approvals and the risk that one or more governmental entities may deny approval); risks related to the ability to realize the anticipated benefits of the proposed acquisition, including the possibility that the expected benefits and accretion from the proposed acquisition will not be realized or will not be realized within the expected time period; the risk that the businesses will not be integrated successfully; Carbonite’s ability to integrate the Webroot acquisition and achieve the expected benefits of such acquisition; Carbonite’s ability to profitably attract new customers and retain existing customers; Carbonite’s dependence on the market for cloud backup services, and its ability to manage growth, changes in economic or regulatory conditions or other trends affecting the Internet and the information technology industry; disruption from the transaction making it more difficult to maintain business and operational relationships; significant transaction costs; unknown liabilities; the risk of litigation and/or regulatory actions related to the proposed acquisition; other business effects, including the effects of industry, market, economic, political or regulatory conditions; future exchange and interest rates; and changes in tax and other laws, regulations, rates and policies. The transaction will allows us to strengthen our offerings and global footprint, which will enhance the services we can provide to our loyal customers and partners like you. Join to Connect. Email sound so synergistic. OpenText has a combined partner program for its Carbonite and Webroot channels coming this summer.. All rights reserved. @freydrew? Customers of all sizes can now benefit from total endpoint protection and comprehensive disaster recovery. OpenText has acquired Carbonite and Webroot Get total endpoint protection for the enterprise, SMB and consumer markets Strengthen cyber resilience with the combined power of Carbonite data protection and back-up, Webroot endpoint protection and threat intelligence and OpenText Encase digital forensic and investigation solutions. Multi-vector protection for endpoints and networks, as well as cloud-based threat intelligence services. A little bit of searching reveals that OpenText is an Information Management solution that has historically been aimed at larger companies. Webroot secures businesses and individuals worldwide with threat intelligence and protection for endpoints and networks. Did it answer your question? Carbonite solutions available to the Enterprise protect from data loss on endpoints, Microsoft 365 applications, and ensure critical systems availability. Further details on the acquisition are available in our press release. Carbonite, which started out in the consumer backup space, had successfully pivoted to B2B, acquiring several other backup companies, notably eVault. We're proud to have joined the OpenText family and are excited to share the benefits of … OpenText has agreed to pay $23 per share in cash — a 25% premium to Carbonite's closing price on Friday — totalling $884 million, according to the Wall Street Journal. Carbonite claims about 100,000 business customers. The hard part is integrating seamlessly. OpenText is also announcing a restructuring plan that will impact our global workforce and consolidate certain real estate facilities to further streamline our operations, inclusive of Carbonite. We'll send you an e-mail with instructions to reset your password. Webroot/Carbonite acquired by Opentext. ANY HOLDERS OF SHARES ARE URGED TO READ THESE DOCUMENTS CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT HOLDERS SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SHARES. Chief Product Officer Muhi Majzoub reveals the … Another issue is the Command function in the GSM Console has been broken for months and there doesn’t appear to be a resolution in sight. The entire team is united in our mission to make cyber resiliency simple, reliable and accessible in the connected world, and we feel confident that joining forces with OpenText supports that mission. In February 2019 Webroot announced that it will be acquired by Carbonite. Click here to view the press release Carbonite issued today regarding this important announcement. The OpenText Carbonite acquisition also adds Webroot antivirus to the OpenText fold. Munford said joining OpenText is “an exciting next step” for Boston-based Carbonite. Webroot's leadership team claims it is willing to work with partners to rectify discrepencies in its partner programmes following the mergers between OpenText, Webroot and Carbonite. Carbonite had also acquired endpoint security vendor Webroot, with its large presence in the MSP space. Canadian content services vendor OpenText acquired endpoint security and backup vendor Carbonite for $1.42 billion USD. Further details on the acquisition are available in our press release. We use cookies to enhance and personalize your experience. OpenText It is acquisitive, and bought eDiscovery supplier Catalyst Repository Systems in January for $75m and acquiring information integration supplier Liaison Technologies for $130m in October 2018. Debt interest rose from $2.9m to $10.8m – Carbonite took out a $550m term loan in March to finance the Webroot acquisition. The new offering, which will include one set of tiers but different tracks for VARs and MSPs, will sell and support a unified portfolio of “cyber resilience” products covering security and data protection. https://www.opentext.com/about/office-locations. The case got switched to someone in the US and they’ve been more helpful, but they also seem to not have complete answers. Debt interest rose from $2.9m to $10.8m – Carbonite took out a $550m term loan in March to finance the Webroot acquisition. However, the Carbonite and OpenText channel programs were never integrated at Carbonite because of the short window between the Webroot acquisition and the sale to OpenText. but your answer leaves me with the uncomfortable feeling that you haven’t really said anything specific. "I am delighted to announce today the … Dear Webroot Community, I’m excited to let you know that OpenText has completed our acquisition of Webroot’s parent company Carbonite today. So what are the implications of this acquisition for Webroot’s many private consumers like myself? However, I’m a business customer and I’ve been getting very odd answers from support on an issue for a little over a month. © 2004 - document.write(new Date().getFullYear()) Webroot Inc. We have recently updated our Privacy Policies. OpenText has agreed to pay $23 per share in cash — a 25% premium to Carbonite's closing price on Friday — totalling $884 million, according to the Wall Street Journal. OpenText is the global leader in Enterprise Information Management with a strong roster of services and customer channels that are complementary to ours. Got this email today. In September 2016 Webroot acquired the assets of CyberFlow Analytics, a company applying data science to network anomaly detection. The all-new offering is set to arrive roughly a year and a half after backup and high availability vendor Carbonite acquired security vendor Webroot, and a little over half a year since Carbonite was in turn acquired by enterprise information management vendor OpenText. The Webroot acquisition appears to have been less than smooth for Carbonite, which quadrupled its debt with a $550 million loan to make the purchase and reported disappointing second-quarter earnings. OpenText et Carbonite comptent ensuite transmettre ces documents par courrier aux actionnaires de Carbonite. If you are unable to locate the agreement you require, please MA: Carbonite and Webroot, OpenText companies, harness the cloud and artificial intelligence to protect businesses and individuals against threats to cybersecurity and data loss. OpenText acquired Carbonite around Christmas time last year. We’re excited to announce that Webroot’s parent company Carbonite has been acquired by OpenText. This provides significant advantages, including: Unique visibility into enterprise information. Some interesting information I’ve gleaned about OpenText and posted to another Forum: I have a question to ask regarding the acquisition. Dear Valued Partner, I’m excited to let you know that OpenText completed our acquisition of Webroot’s parent company Carbonite today. I’m sorry you’re also having so much trouble getting answers too! Indeed, the latter would be a perfectly valid answer. It is owned by Carbonite, Inc., which is based in Boston. In addition to the offer to purchase, the related letter of transmittal and certain other tender offer documents, as well as the solicitation/recommendation statement, Carbonite and OpenText will each file annual, quarterly and current reports with the SEC. We are also bringing Carbonite and Webroot into the Enterprise. Please try again in a few minutes. My support ticket was being handled by someone in a European office that might be worried about losing their job, so I got strained answers from him. At the time the offer is commenced, OpenText and Merger Sub will file a tender offer statement on Schedule TO and thereafter Carbonite will file a solicitation/recommendation statement on Schedule 14D-9 with the SEC with respect to the offer. Carbonite is a well-known cloud security provider, and the endpoint security side of its operation came from the acquisition of Webroot earlier in 2019. OpenText has completed its $1.42 billion acquisition of Carbonite, which acquired Webroot last year for more than $600 million.. Carbonite provides cloud-based subscription data protection, backup, disaster recovery and endpoint security to SMBs and consumers. Leveraging decades of experience conducting security assessments for enterprises of all sizes, the OpenText team crafts policies and procedures that are designed to protect critical business assets, infrastructure and information. The mission of our joint offering is to make cyber resilience simple, reliable and accessible in the connected world. However, I can pinpoint the exact process that it’s conflicting with. Reports on Form 10-Q and Current Reports on Form 8-K, all of which are filed with the SEC and available at www.sec.gov and www.carbonite.com. We need basic cookies to make this site work, therefore these are the minimum you can select. Copyright © 2020 Open Text Corporation. At this point, I get the feeling that they don’t care, at least until the dust settles and things get decided as to what their place is at OpenText. Carbonite, Inc. (Nasdaq: CARB) (“Carbonite” or the “Company”), a leading cloud-based data protection provider, and Webroot Inc. (“Webroot”), a leading cybersecurity company, today announced that they have entered into a definitive agreement under which Carbonite will acquire Webroot … In February, Carbonite announced it was buying Webroot for $618.5 million in cash. Please call the SEC at 1-800-SEC-0330 for further information on the public reference room. Get Started. OpenText's Carbonite acquisition is aimed at extending OpenText's cloud portfolio of enterprise information management (EIM) systems and building its footprint in the small and medium-sized business (SMB) and consumer markets, the vendor said. The anticipated cost is expected to be approximately $26 million to $34 million. 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