Open Text

Open Text
The largest system for managing and securing enterprise content. OpenText offers tools for integrating people, processes, and associated documents, helping companies improve productivity, ensure the verifiability of specific documents for decades, and reduce total storage costs (TSC).
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2019. OpenText acquired online backup service Carbonite for $1.42B



ECM giant Open Text has acquired Carbonite, known for its cloud backup service, for $1.42 billion. In the West, it is the most popular backup service, having acquired its main competitor, Mozy. However, in the last two years, Carbonite has expanded its expertise from online backup to online security. In February of this year, Carbonite acquired Webroot, a company specializing in ransomware protection, for $618.5 billion.