Carbonite acquired EVault Seagate Technology -
Carbonite Inc. entered into an agreement to acquire the business continuity and disaster recovery company EVault, a division of Seagate technology.
"With this acquisition, Carbonite takes a big step forward to meet the needs of data protection and continuity of the market SMB entire home office activities to medium-sized businesses," said Mohamad Ali President and CEO of Carbonite. "Proven Technology EVault, which includes a line of highly scalable appliances and disaster recovery peak as a service (DRaaS) capability allows us to complete our portfolio and immediately provide the features and functionality larger companies need to support their complex environments. "
As part of the acquisition, EVault adds the following products following the Carbonite solution:
- EVault Cloud Backup and Recovery - Software- only solution for server backup
- EVault backup and Recovery appliance - EVault cloud backup and Recovery with a form factor device for local backup and restore
- EVault cloud Resiliency services - DRaaS services providing failover in the cloud
Carbonite will acquire all assets of EVault activities for a purchase price of $ 14 million. The company expects to complete the acquisition of the North American assets of EVault in January 2016.
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