Carbonite (CARB) to Acquire EVault from Seagate (STX)

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Carbonite to Acquire EVault from Seagate Technology

December 16, 2015 7:00 AM EST

BOSTON, Dec. 16, 2015 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ: CARB), a leading provider of cloud and hybrid business continuity solutions for small and midsize businesses (SMBs), today announced it has entered into an agreement to acquire the business continuity and disaster recovery business of EVault, a division of Seagate Technology (NASDAQ: STX).

EVault is a leading provider of business continuity and disaster recovery solutions designed for SMBs and small enterprises. Together with... More