![]() ![]() Available for both Windows and Linux, these solutions help keep businesses running in the face of ever-increasing cyber-threats, disasters, and technology failures. Conference call details are provided below.ĭouble-Take High Availability (HA) solutions have been trusted by businesses for more than two decades to protect them from the costs and consequences of unplanned downtime and data loss. ET today, Januto discuss the acquisition. The company is hosting a conference call at 5:30 p.m. Barclays acted as financial advisor to the company. The transaction closed on January 31, 2017. Of the $59.75 million in cash, $20.55 million was funded with cash on hand and $39.2 million was funded through a revolving credit facility at Silicon Valley Bank. The aggregate purchase price for Double-Take Software was $65.25 million, comprised of $59.75 million in cash and $5.5 million in Carbonite common stock, representing approximately 332,000 shares. Carbonite also announced preliminary fourth quarter and full year 2016 financial results. The acquisition enhances Carbonite’s existing suite of data protection solutions for small and midsize businesses (SMB) with high availability technology that significantly minimizes downtime. (NASDAQ:CARB), a leading provider of data protection solutions for small and midsize businesses, today announced it has acquired Double-Take Software, an affiliate of Vision Solutions, Inc. ![]()
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