Source: Xconomy

EVault: Carbonite Buys EVault, Gains 200 Employees in Data Recovery

One of the Boston area's technology pillars just got stronger. Carbonite, a cloud backup and data protection company, says it is acquiring San Francisco-based EVault for $14 million in cash. The acquisition is expected to be complete in the first quarter of 2016. More important, Carbonite (NASDAQ: CARB) is gaining 200-plus employees and plenty of [...]

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Est. Annual Revenue
$25-100M
Est. Employees
100-250
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