4/27/2023 0 Comments Evault cloud![]() ![]() ![]() Mohamad Ali, Carbonite president and chief executive, says the acquisition is a big step forward for Carbonite in meeting the data protection and business continuity needs of the entire SMB market, from home offices to medium-sized businesses. The cloud and hybrid business continuity solutions company has a line of data protection and recovery products for small businesses and individuals and says the EVault acquistion will provide it with a full suite of solutions that meet the needs of all SMBs, a market estimated by Carbonite to be worth US$40 billion worldwide. ![]() The US$14 million deal will see enable Carbonite to round out its portfolio. Carbonite is acquiring Seagate Technology's EVault business continuity and disaster recovery business in an effort to bolster its disaster recovery-as-a-service offerings. ![]()
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