The Deal Creates The Industry's First Comprehensive Ransomware Solution For SMBs Now is the appropriate time for Carbonite to add endpoint security to its suite of offerings, and Ali said Webroot is the perfect partner to extend Carbonite's long-established vision. Endpoints must be protected from viruses, malware, and ransomware, Ali said, but if something does get through, organizations must be able to recover as quickly as possible and ideally in an automated fashion. It has become increasingly evident that endpoints are a top vulnerability since they contain critical business data and are constantly moving in and out of the network, Ali said. Ali said Carbonite has been most impressed by Webroot's people, product, go-to-market resources, and alignment of vision and values between the two companies. Carbonite Has Been Following Webroot From AfarĬarbonite was first introduced to Webroot several years ago, Ali said, and has been following their success from afar. "I am very excited about this transaction, and am thrilled to get to work executing on making this transaction an overwhelming success."įrom Webroot's position in the endpoint detection and response (EDR) market to joint cross-sell and integration opportunities, here's a look at the 10 most interesting components of the $618.5 million Carbonite-Webroot deal. "This acquisition makes a lot of strategic and financial sense," Ali said.
The combined company can target an even larger addressable market, Ali said, with the combination of data protection and endpoint security producing a better and differentiated outcome for customers. Carbonite and Webroot will create a new approach to addressing one of today's most vulnerable security challenges – the endpoint – through a combination of protection and recovery, Mohamad Ali, Carbonite's president and CEO, said during a call with investors after the deal was announced Thursday.īoth companies target the same end customer with simple yet powerful offerings, Ali said, with Webroot bringing a growing MSP channel and Carbonite bringing its own VAR channel to the table.
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