✗ Only 5TB and 10TB option on personal plan ✗ Finding and using files can be very difficult ✓ Can be used on an unlimited number of devices The lifetime subscription option and minimalist and all-encompassing backup of pCloud is great for those who don’t want a lot of hassle, although the upper limit of 2TB of storage may put some off. If you’re a security-conscious person, then Acronis is a great choice given its suite of cybersecurity features, assuming you’re alright with smaller online storage than competitors. While Carbonite Safe may not be flashy, it’s a solid and minimalist online backup service at a reasonable price with the Basic Plan. If you’re looking for an online backup service that has cross-platform support and a great mobile and web interface, iDrive is the best you’re going to find, even if it only has a maximum storage space of 10TB. We regret the error.For those who want a straightforward and easy-to-use backup solution, Backblaze offers both a minimalist backup experience and straightforward pricing with an unlimited storage cap. This was in error - the figure should have been in millions. Wall Street was expecting average revenues of $131.5 million.Īn earlier version of this story said Carbonite made $125.6 billion in revenue. Only a year earlier, Carbonite bought Mozy for $145 million, a cloud backup service.Ĭarbonite said at the time of its acquisition by OpenText the backup company had losses of $14 million on revenues of $125.6 million, an increase by 62% year-over-year. In February, Carbonite bought endpoint security company Webroot for $618.5 million in an all-cash deal, as the company pushed to protect against emerging threats like ransomware.
It ends a busy couple of years for Carbonite as the company has moved away from a traditional data backup business to a more proactive, defensive security company. Carbonite said the board “strongly believes” the deal will return “substantial” cash value to shareholders, said Steve Munford, chairman of Carbonite’s board. 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 has agreed to a $1.42 billion purchase by OpenText, an enterprise information management giant, ending weeks of speculation about the anticipated buyout.
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