Carbonite to acquire endpoint security company Webroot for $618.5M
Carbonite, the online backup and recovery company based in Boston, announced late yesterday that it will be acquiring Webroot, an endpoint security vendor, for $618.5 million in cash.
The company believes that by combining its cloud backup service with Webroot’sendpoint security tools, it will give customers a more complete solution. Webroot’s history actually predates the cloud, having launched in 1997. The private company reported $250 million in revenue for fiscal 2018, accor
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