Webroot Now Officially Part Of Carbonite
Broomfield, Colorado-based Webroot is now officially part of Carbonite, a provider of online, cloud-based backup and data protection. The deal, which had been announced in February, was worth approximately $618.5M in cash. According to Carbonite, the deal will allow it to provide "complete data protection" for customers. Carbonite funded the deal with a combination of cash on hand, plus a new, $550M term loan. The company said that its Webroot business unit will be led by former Webroot CFO John Post, who will become SVP and GM of Webroot.
posted on Wednesday, March 27, 2019
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Webroot Software
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