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Carbonite to Acquire Webroot

posted by martyb on Saturday February 09 2019, @09:22AM   Printer-friendly
from the cloud dept.

nobu_the_bard writes:

Said the CEO of Webroot, Mike Potts:

I have exciting news to share with our Community. Webroot has entered into an agreement to be acquired by Carbonite, a leader in cloud-based data protection for businesses. We expect the deal to close within the first calendar quarter of 2019.

https://community.webroot.com/news-announcements-3/carbonite-to-acquire-webroot-337178

Webroot is best known as a provider of antivirus software popular with businesses that relies heavily on cloud processing. Carbonite is best known for its cloud backup services.

See, also, the announcement from Carbonite, the Webroot blog, as well as the Webroot press release.

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  • (Score: 4, Insightful) by bradley13 on Saturday February 09 2019, @09:51AM (2 children)

    by bradley13 (3053) on Saturday February 09 2019, @09:51AM (#798768) Homepage Journal

    In the good old days (which probably never existed), companies were run to make money by selling services and products.

    Today, too many companies are run to make themselves into attractive takeover targets. Or, from the other side, companies eliminate potential competition by buying it and shutting it down. In either case, there is no interest in or concern for either customers or employees. It's all about MBAs with spreadsheets looking for big payouts for themselves.

    I would like to see some serious restrictions on M&A.

    --
    Everyone is somebody else's weirdo.
    Starting Score:    1  point
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  • (Score: 1, Offtopic) by realDonaldTrump on Saturday February 09 2019, @10:19AM

    by realDonaldTrump (6614) on Saturday February 09 2019, @10:19AM (#798772) Homepage Journal

    You want the regulations. And possibly in your country, you need them. U.S.A., we have far too many. Sherman Antitrust Act, Clayton Antitrust Act, Federal Trade Commission Act and on and on. We're going to be cutting those tremendously. Like we did with our Huge & Complicated Tax Laws! twitter.com/businessinsider/status/941399496516280320 [twitter.com]

  • (Score: 2) by stormwyrm on Sunday February 10 2019, @03:11AM

    by stormwyrm (717) on Sunday February 10 2019, @03:11AM (#798982) Journal
    Yeah, Murders and Executions are so much more fun. — Patrick Bateman
    --
    Numquam ponenda est pluralitas sine necessitate.