Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Analytics

3/27/2019
10:00 AM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Carbonite Closes Acquisition of Webroot

BOSTON & BROOMFIELD, Colo.--(BUSINESS WIRE)--Carbonite, Inc. (NASDAQ: CARB), a leading cloud-based data protection provider, today closed its previously announced acquisition of Webroot Inc. The combination of cloud-based backup and recovery with cloud-based cybersecurity introduces a new approach to data protection for the endpoint.

The total purchase price for Webroot was $618.5 million in cash, as adjusted with respect to cash, debt, transaction expenses and working capital. The purchase price was funded with existing cash on hand and funds secured under a new $550 million term loan. The interest rate on the term loan is a floating rate based upon LIBOR plus 3.75%.

The Webroot business unit will be led by John Post, formerly Webroot’s CFO, as SVP and GM, and will report directly to Mohamad Ali, President and CEO of Carbonite. Together, Webroot and Carbonite share a common go-to-market approach of delivering customer success through partner channels.

“The combination of these two companies creates a unique and powerful data protection and cybersecurity solution for our customers and partners,” said Mohamad Ali, Carbonite CEO. “We are thrilled to officially welcome Webroot to the Carbonite family and look forward to delivering positive results together.”

“Webroot and Carbonite share a common vision to empower small and mid-sized businesses with next generation solutions purpose-built for their unique needs,” said John Post, SVP and GM of Webroot, a Carbonite company. “I’m confident we will build on the momentum of Carbonite and Webroot’s cloud-based approach to protecting endpoint data as we aim to deliver strong results for customers and partners.”

Resources:

About Carbonite
Carbonite provides a robust Data Protection Platform for businesses, including backup, disaster recovery, high availability and workload migration technology. The Carbonite Data Protection Platform supports businesses on a global scale with secure cloud infrastructure. To learn more, visit www.carbonite.com and follow us on Twitter at @Carbonite.

About Webroot
Webroot harnesses the cloud and artificial intelligence to protect businesses and individuals against cyber threats. Webroot is a leading cybersecurity provider for managed service providers and small businesses, who rely on Webroot for endpoint protection, network protection, and security awareness training. Webroot BrightCloud® Threat Intelligence Services are used by market-leading companies like Cisco, F5 Networks, Citrix, Aruba, A10 Networks, and more. Leveraging the power of machine learning to protect millions of businesses and individuals, Webroot secures the connected world. Headquartered in Colorado, Webroot operates globally across North America, Europe, and Asia. Discover Smarter Cybersecurity® solutions at www.Webroot.com.

 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
Manchester United Suffers Cyberattack
Dark Reading Staff 11/23/2020
As 'Anywhere Work' Evolves, Security Will Be Key Challenge
Robert Lemos, Contributing Writer,  11/23/2020
Cloud Security Startup Lightspin Emerges From Stealth
Kelly Sheridan, Staff Editor, Dark Reading,  11/24/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-29378
PUBLISHED: 2020-11-29
An issue was discovered on V-SOL V1600D V2.03.69 and V2.03.57, V1600D4L V1.01.49, V1600D-MINI V1.01.48, V1600G1 V2.0.7 and V1.9.7, and V1600G2 V1.1.4 OLT devices. It is possible to elevate the privilege of a CLI user (to full administrative access) by using the password [email protected]#y$z%x6x7q8c9z) for the e...
CVE-2020-29379
PUBLISHED: 2020-11-29
An issue was discovered on V-SOL V1600D4L V1.01.49 and V1600D-MINI V1.01.48 OLT devices. During the process of updating the firmware, the update script starts a telnetd -l /bin/sh process that does not require authentication for TELNET access.
CVE-2020-29380
PUBLISHED: 2020-11-29
An issue was discovered on V-SOL V1600D V2.03.69 and V2.03.57, V1600D4L V1.01.49, V1600D-MINI V1.01.48, V1600G1 V2.0.7 and V1.9.7, and V1600G2 V1.1.4 OLT devices. TELNET is offered by default but SSH is not always available. An attacker can intercept passwords sent in cleartext and conduct a man-in-...
CVE-2020-29381
PUBLISHED: 2020-11-29
An issue was discovered on V-SOL V1600D V2.03.69 and V2.03.57, V1600D4L V1.01.49, V1600D-MINI V1.01.48, V1600G1 V2.0.7 and V1.9.7, and V1600G2 V1.1.4 OLT devices. Command injection can occur in "upload tftp syslog" and "upload tftp configuration" in the CLI via a crafted filename...
CVE-2020-29382
PUBLISHED: 2020-11-29
An issue was discovered on V-SOL V1600D V2.03.69 and V2.03.57, V1600G1 V2.0.7 and V1.9.7, and V1600G2 V1.1.4 OLT devices. A hardcoded RSA private key (specific to V1600D, V1600G1, and V1600G2) is contained in the firmware images.