BOSTON, Oct. 18, 2012 /PRNewswire/ -- Carbonite, Inc. (NASDAQ: CARB), a leading provider of online backup solutions for consumers and small to medium sized businesses, and Zmanda, Inc., a leading global provider of open source and cloud backup solutions have announced that the companies have entered into a definitive agreement whereby Carbonite will acquire Zmanda.
"Zmanda is a great strategic fit for Carbonite. Carbonite has focused on backing up computers and mobile devices, while Zmanda has focused on backing up servers and databases. In the small to medium business (SMB) market, most companies need both," said David Friend, Chairman and CEO of Carbonite. "Furthermore, IT resellers and MSPs want to be able to offer their clients a complete cloud backup solution from one vendor that protects both computers and servers. We believe that adding in the Zmanda capabilities to Carbonite Business significantly expands our opportunity and will enable us to further capture the emerging and fast growing SMB cloud backup market."
Founded in 2005, Zmanda provides an enhanced version of Amanda, a highly respected open source backup project, believed to be deployed on over one million systems worldwide. It offers full commercial support for Amanda, and has delivered innovations for SMB markets, including Zmanda Cloud Backup and Amanda Enterprise. Zmanda provides centralized backup of file systems, virtual machines, applications and databases. The product suite backs up Microsoft SQL Server, Exchange Server, SharePoint, Oracle, PostgreSQL and MySQL databases and its solutions run on Windows, Mac OS X, Linux and Solaris.This acquisition will enhance Carbonite's SMB offering with the ability to backup databases and file systems to the cloud, and will enable SMBs to obtain all the backup solutions they need from one vendor. Zmanda customers will now also have access to the industry-leading Carbonite Business cloud backup solution for their computers. Furthermore, the combined Carbonite and Zmanda offerings will provide resellers with an attractive and complete solution for data protection and recovery.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts