By James McLeod
November 11, 2019
A US$1.42 billion cybersecurity acquisition by OpenText Inc. Monday marks a down-market strategic shift for the Waterloo, Ont.-based enterprise information management company.
Carbonite Inc. is a Boston company with US$405 million in revenue, selling endpoint security software and cloud data protection services.
Info-Tech Research Group’s research analyst Michelle Tran shares her perspective on the acquisition.
OpenText snaps up cloud security firm Carbonite in $1.42 billion deal