![]() ![]() "Persistent and emerging IT threats, such as hardware or software failures, cyberattacks and malware, continue to expose businesses to data loss and downtime," said Phil Goodwin, Research Director at IDC. Together with Carbonite's proven portfolio of cloud and hybrid backup and disaster recovery solutions, Carbonite will now address the data protection needs and uptime requirements of all midsized and small businesses. Available for both Windows and Linux, these solutions help keep businesses running in the face of ever-increasing cyber-threats, disasters, and technology failures. Conference call details are provided below.ĭouble-Take High Availability (HA) solutions have been trusted by businesses for more than two decades to protect them from the costs and consequences of unplanned downtime and data loss. ET today, Januto discuss the acquisition. The company is hosting a conference call at 5:30 p.m. Barclays acted as financial advisor to the company. The transaction closed on January 31, 2017. Of the $59.75 million in cash, $20.55 million was funded with cash on hand and $39.2 million was funded through a revolving credit facility at Silicon Valley Bank. The aggregate purchase price for Double-Take Software was $65.25 million, comprised of $59.75 million in cash and $5.5 million in Carbonite common stock, representing approximately 332,000 shares. Carbonite also announced preliminary fourth quarter and full year 2016 financial results. ![]() The acquisition enhances Carbonite's existing suite of data protection solutions for small and midsize businesses (SMB) with high availability technology that significantly minimizes downtime. (NASDAQ: CARB), a leading provider of data protection solutions for small and midsize businesses, today announced it has acquired Double-Take Software, an affiliate of Vision Solutions, Inc. 31, 2017 (GLOBE NEWSWIRE) – Carbonite, Inc. Since Carbonite® Migrate can move workloadsfrom physical, virtual or cloud platforms to Nutanix, you’re free from managing multiple solutions toachieve the same goal.Carbonite announces it has acquired Double-Take Software, an affiliate of Vision Solutions, Inc. The replica can be testedand validated with no impact on business operations. Carbonite® Migrate creates a replica of selected data or theentire server and keeps that information in sync with the production system. Carbonite® Migrate simplifies the onboarding process by using efficient,real-time, byte-level replication technology. Together, Nutanix and Carbonite® help deliver end-to-end solutions for moving workloads to NutanixHyperconverged Infrastructure. The process isrepeatable and structured whether managed through the GUI or automated through scripting orintegration with third-party tools. Cutover automation isavailable through the unified, graphical console (GUI) as well as an SDK (API and PowerShell) and, ifreverting to the original system becomes necessary, the execution is straightforward. From automated computer backup to comprehensive protection for physical and virtualserver environments, Carbonite helps ensures the accessibility and resiliency of data for any system.Ĭarbonite® Migrate automates data migration across different physical and virtual platforms (includinghardware, cloud and non-cloud type), storage types and operating system versions with minimal riskand near-zero downtime.Ĭarbonite® Migrate is an agent-based, real-time, byte-level software replication tool used to create andsynchronize a replica of the data, database or complete system being migrated.
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