OpenText completed the acquisition of Carbonite for $1.4bn.

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.