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November 11, 2019 02:06 pm GMT

OpenText buys data security firm Carbonite for $1.42B

Carbonite has agreed to a $1.42 billion purchase by OpenText, an enterprise information management giant, ending weeks of speculation about the anticipated buyout. The deal marks a 78% premium on Carbonite’s share price on September 5, when it was first rumored the company was preparing to buy the backup and data recovery company. Carbonite said […]

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