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New Deal


Announced

Completed

OpenText completed the acquisition of Carbonite for $1.4bn.

Financials

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Transaction Value£1,110m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium78%
One Off Charge-

Synopsis

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OpenText, a provider of Enterprise Information Management software and solutions, completed the acquisition of Carbonite, a provider of data protection and cybersecurity, for $1.4bn. "I am delighted to announce today the completion of the Carbonite acquisition and warmly welcome Carbonite customers, partners, and employees to OpenText. Carbonite brings a world-class channel organization and partners, allowing OpenText to bring EIM to all size customers including SMB to prosumers," Mark J. Barrenechea, OpenText CEO & CTO.

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