M&A Deal Summary

Carbonite Acquires Double-Take Software

On January 31, 2017, Carbonite acquired software company Double-Take Software from Vision Solutions for 65M USD

Acquisition Highlights
  • This is Carbonite’s 2nd transaction in the Software sector.
  • This is Carbonite’s 3rd largest (disclosed) transaction.
  • This is Carbonite’s 4th transaction in the United States.
  • This is Carbonite’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2017-01-31
Target Double-Take Software
Sector Software
Buyer(s) Carbonite
Sellers(s) Vision Solutions
Deal Type Divestiture
Deal Value 65M USD

Target

Double-Take Software

Southborough, Massachusetts, United States
Double-Take Software, Inc. is a provider of software solution for accessible and affordable data protection for Microsoft Windows applications.

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Buyer(S) 1

Buyer

Carbonite

Boston, Massachusetts, United States

website

Category Company
Founded 2005
Sector Internet Software and Services
Employees959
Revenue 296M USD (2018)
DESCRIPTION

Carbonite, Inc. is a provider of cloud and hybrid backup and recovery solutions for businesses. Carbonite offers a comprehensive suite of affordable services for data protection, recovery and anywhere, anytime access. Carbonite was formed in 2005 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 5 of 7
Sector (Software) 2 of 2
Type (Divestiture) 2 of 3
State (Massachusetts) 1 of 1
Country (United States) 4 of 6
Year (2017) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-16 eVault

San Francisco, California, United States

eVault, Inc. is a provider of online backup services.

Buy $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-13 Mozy

Pleasant Grove, Utah, United States

Mozy, Inc. is an online backup provider. Mozy provides two software services, Mozy and Mozy Pro, which let users back up their Windows of Macintosh PCs. Mozy, Inc. was established in 2005 and is based in Pleasant Grove, Utah.

Buy $146M

Seller(S) 1

SELLER

Vision Solutions

Irvine, California, United States

website

Category Company
Founded 1990
Sector Software
DESCRIPTION

Vision Solutions, Inc. is a provider of information availability software and services for Windows, Linux, IBM Power Systems and Cloud Computing markets. Vision Solutions, Inc. was established in 1990 and is headquartered in Irvine, California.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-26 Double-Take Software

Southborough, Massachusetts, United States

Double-Take Software, Inc. is a provider of software solution for accessible and affordable data protection for Microsoft Windows applications.

Buy $242M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-05 Enforcive Systems

Hackensack, New Jersey, United States

Enforcive Systems Ltd. is a global provider of IT security and compliance management solutions with an impressive track record of innovation on IBM i, IBM AIX, IBM z/OS, Windows and Linux platforms.

Buy -
Mergr

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