THE TENDER OFFER MATERIALS (INCLUDING AN OFFER TO PURCHASE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 WILL CONTAIN IMPORTANT INFORMATION. Sorry, we're still checking this file's contents to make sure it's safe to download. New Feature! 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 Great question. MA: Carbonite and Webroot, OpenText companies, harness the cloud and artificial intelligence to protect businesses and individuals against threats to cybersecurity and data loss. The offer to purchase, the related letter of transmittal and the solicitation/recommendation statement will be made available for free at the SEC’s website at www.sec.gov. Le spécialiste de la gestion des informations d’entreprise OpenText va acquérir Carbonite pour environ 1,42 milliard de dollars, y compris l’encaisse et la dette de la société. It has more than 300,000 SMB customers, 14,000 MSPs and 7 million professional users. Canadian content services vendor OpenText acquired endpoint security and backup vendor Carbonite for $1.42 billion USD. OpenText acquired Carbonite around Christmas time last year. Chief Product Officer Muhi Majzoub reveals the … Read the press release. Carbonite's latest and largest acquisition brings the cloud data protection vendor network and endpoint security capabilities. Multi-vector protection for endpoints and networks, as well as cloud-based threat intelligence services. 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. Chief Product Officer Muhi Majzoub reveals the product roadmap and details about the deal. The OpenText Carbonite acquisition also adds Webroot antivirus to the OpenText fold. Carbonite had also acquired endpoint security vendor Webroot, with its large presence in the MSP space. 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. We're proud to have joined the OpenText family and are excited to share the benefits of … Click here to view the press release Carbonite issued today regarding this important announcement. For more information on the acquisition, read the press release. 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. Ken Thon, Security Awareness Sales Engineer @ Carbonite + Webroot, an OpenText company. 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 for approximately $618.5 million in cash. Learn more about our cookies. My question was addressed to Webroot. Very much hoping that you can give us an indication one way or the other of how the ground currently lies. The description contained in this communication is neither an offer to purchase nor a solicitation of an offer to sell any securities, nor is it a substitute for the tender offer materials that OpenText and Merger Sub will file with the Securities and Exchange Commission (the “SEC”). 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. Sorry, our virus scanner detected that this file isn't safe to download. OpenText security experts work with customers to develop information protection strategies. Reviews Boston-based Carbonite said last week that it will pay $618.5 million in cash for Webroot, which has its headquarters in Broomfield, Colo. Carbonite’s and OpenText’s filings with the SEC are also available to the public from commercial document-retrieval services and at the website maintained by the SEC at http://www.sec.gov. 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. 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. OpenText designs its products to support business environments as they grow by building scale into the foundation of our security solutions. 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. Canadian content services vendor OpenText acquired endpoint security and backup vendor Carbonite for $1.42 billion USD. 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. Webroot/Carbonite acquired by Opentext. The deal marks a … Munford said joining OpenText is “an exciting next step” for Boston-based Carbonite. OpenText's enterprise focus makes it hard to determine what the company brings to the table for Carbonite's and Webroot SMB customer base, said Scott Wolff, president of LanServ, a … Dear Webroot Community, I’m excited to let you know that OpenText has completed our acquisition of Webroot’s parent company Carbonite today. Email sound so synergistic. 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. 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. The transaction represents an exciting next step for Webroot as it enables us to continue providing robust cybersecurity solutions to more customers around the world. We encourage you to read the full terms here. We are also bringing Carbonite and Webroot into the Enterprise. 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 … I’m excited to share that this morning, Carbonite, Webroot’s parent company, announced that it has entered into a definitive agreement to be acquired by OpenTextTM (NASDAQ: OTEX, TSX:OTEX). OpenText expects Carbonite to contribute no material revenue or operating expenses over the holiday season between December 24 th and 31 st, … The anticipated cost is expected to be approximately $26 million to $34 million. Together, we will strengthen cyber resilience by offering total endpoint protection and data recovery for customers of all sizes. We’re excited to announce that Webroot’s parent company Carbonite has been acquired by OpenText. MA: Carbonite and Webroot, OpenText companies, harness the cloud and artificial intelligence to protect businesses and individuals against threats to cybersecurity and data loss. Waterloo, ON – 2019-12-24 – OpenText™ (NASDAQ: OTEX), (TSX: OTEX), “The Information Company,” announced today that it has completed the closing of the previously announced acquisition of Carbonite, Inc. (“Carbonite”), provider of cloud-based subscription data protection, backup, disaster recovery and endpoint security to small and medium-sized businesses and prosumers. This provides significant advantages, including: Unique visibility into enterprise information. In 2020, OpenText acquired Xmedius for $75 million. Debt interest rose from $2.9m to $10.8m – Carbonite took out a $550m term loan in March to finance the Webroot acquisition. Contact OpenText: Call 1-800-499-6544 or contact us online. © 2004 - document.write(new Date().getFullYear()) Webroot Inc. We have recently updated our Privacy Policies. It has more than 300,000 SMB customers, 14,000 MSPs and 7 million professional users. Each OpenText™ agreement has a date and version number, generally found in the document footer. If you accept or continue browsing you agree to our cookie policy. We use cookies to enhance and personalize your experience. OpenText is the global leader in Enterprise Information Management with a strong roster of services and customer channels that are complementary to ours. OpenText. 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. BOSTON, MA - November 11, 2019 - 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. 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. Learn more about Webroot Business Endpoint Protection's newest feature, Evasion Shield and how your business can stay ahead of cyber threats. Webroot/Carbonite acquired by Opentext. 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. Indeed, the latter would be a perfectly valid answer. As OpenText companies, we’re dedicated to bringing full-scale cyber resilience solutions to each of our customers, from individual home users and small business owners to managed service providers and … “When Carbonite acquired Webroot in March, the plan for the first six months was to do no harm, and it wasn’t until the July timeframe that we began working on the integration,” Stilwell noted. Carbonite is evolving from a consumer-oriented company to one targeting more SMBs, Goodwin said, and this acquisition plays well into Carbonite's SMB position. Opentext Acquires Carbonite. It’s now a week since I posted this question, but still no answer. We need basic cookies to make this site work, therefore these are the minimum you can select. Carbonite has agreed to a $1.42 billion purchase by OpenText, an enterprise information management giant, ending weeks of speculation about the anticipated buyout. Carbonite, which started out in the consumer backup space, had successfully pivoted to B2B, acquiring several other backup companies, notably eVault. OpenText’s Webroot and Carbonite solutions use that information to identify and proactively block any online locations that could pose a threat to users. The answer could be Yes, No, or I don’t know yet. Broomfield, CO. “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. I’m not blaming this person, because one of their answers was that the developers said that there was no longer any issue with their new Script Shield in the latest version. Amplifying Webroot's commitment to protect home and business from today's cyberthreats, OpenText is committed to the mission of being cyber resilient. In 2019, OpenText acquired Carbonite Inc. (including Webroot and Mozy, which Carbonite Inc. had earlier acquired) for approximately $1.45 billion ($23.00/share). Join to Connect. Current OpenText customers should chose the version that relates to the effective date of their purchase. Dear Valued Partner, I’m excited to let you know that OpenText completed our acquisition of Webroot’s parent company Carbonite today. but your answer leaves me with the uncomfortable feeling that you haven’t really said anything specific. [Related: 6 Steps Carbonite And Webroot Have Taken To Come Together As One ] NEWS ANNOUNCEMENT: 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. Additional copies may be obtained for free by contacting OpenText or Carbonite. 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. The solicitation and offer to buy shares of Carbonite common stock will only be made pursuant to an offer to purchase and related tender offer materials. @freydrew (or @khumphrey? 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. Webroot claims 300,000 SMB customers and 14,000 managed service providers. When Carbonite acquired Webroot, there were some significant concerns from MSPs about what the future would entail. 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. OpenText has named Prentiss Donohue to succeed Craig Stilwell as leader of the software company’s SMB and consumer sales — which includes the acquired Carbonite data protection and Webroot cybersecurity businesses. 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. We use 3 different kinds of cookies. OpenText acquired Carbonite around Christmas time last year. The Carbonite buyout comes after several weeks of negotiations with multiple bidders — including several private equity firms. 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. OpenText understands the complexity of global operations when deploying and maintaining technology. All rights reserved. Webroot secures businesses and consumers worldwide with endpoint and network protection, security awareness training and threat intelligence services. Evasion Shield. Did you like this post? https://www.opentext.com/about/office-locations. Scale with the enterprise. Is that correct? OpenText Cloud Editions (CE) 20.4 includes the OpenText Security & Protection Cloud, which provides organizations with a range of new security tools and capabilities. You may read and copy any reports or other information filed by OpenText or Carbonite at the SEC public reference room at 100 F Street, N.E., Washington, D.C. 20549. OpenText has a combined partner program for its Carbonite and Webroot channels coming this summer.. Carbonite assumes no obligation to update forward-looking statements contained in this communication as the result of new information or future events or developments. Carbonite, which started out in the consumer backup space, had successfully pivoted to B2B, acquiring several other backup companies, notably eVault. Further details on the acquisition are available in our press release. 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. It’s nice to have a warm, fuzzy answer like: 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. Got this email today. OpenText is an Enterprise Information Management (EIM) software and solutions company. Well if any are left with Webroot I wonder whom will stay after renewal? Email sound so synergistic. Carbonite had also acquired endpoint security vendor Webroot… 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. OpenText. OpenText, headquartered in Ontario, sells enterprise information management software. 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. Even with the increasing attacks throughout 2020 already being a threat, the holiday season can be an even more dangerous time for businesses and their employees. I’m excited to share that this morning, Carbonite, Webroot’s parent company, announced that it has entered into a definitive agreement to be acquired by OpenTextTM (NASDAQ: OTEX, TSX:OTEX) The transaction represents an exciting next step for Webroot as it enables us to continue providing robust cybersecurity solutions to more customers around the world. The offer referred to in this communication has not yet commenced. Products. If you are a new OpenText customer, the applicable version is the most recent version in the list below. Managed product and customer service data analysis dashboards in QlikView and Tableau. Carbonite offers the tools necessary for protecting against data loss, including from ransomware, accidental deletions, hardware failures and natural disasters. If you are unable to locate the agreement you require, please “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. Management strategy OpenText™ agreement has a combined partner program for its Carbonite Webroot. Carbonite buyout comes after several weeks of negotiations with multiple bidders — including several equity! 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