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Carbonite for $1.42B picked up by OpenText

by Alicia Gregorian
November 12, 2019
in Cyber Bites
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OpenText has entered into a definitive agreement to acquire Carbonite for $1.42 billion. The deal has OpenText paying $23 per share in cash for Carbonite. Steve Munford, Interim CEO, President/executive Chairman of the Board of Carbonite, said multiple parties had expressed interest in buying his firm.

Source: SC Magazine

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