Double-Take Move – Scheduled move of systems from one location to another.Double-Take Disaster Recovery – Failover between a primary and secondary or cloud location in an emergency.Double-Take High Availability – Replication of applications and data, in real time, from physical, virtual and cloud servers.“Our current solutions support scenarios ranging from simple file restore to failover, and with the addition of Double-Take HA, we can now extend those scenarios to active recovery in near real-time, significantly minimizing any downtime and the associated loss of productivity and revenue.”Īs part of the acquisition, Double-Take Software adds the following products to the Carbonite solution suite: “Carbonite data protection solutions are designed to meet the real needs of businesses today, from the midsized company with a global footprint to the single small office,” said Mohamad Ali, President and CEO of Carbonite. IT organizations need the ability to protect and recover data instantly, rather than in hours or days, to avoid irreparable business damages.” “We estimate that businesses can lose hundreds of thousands of dollars due to unplanned downtime. “Persistent and emerging IT threats, such as hardware or software failures, cyberattacks and malware, continue to expose businesses to data loss and downtime,” said Phil Goodwin, Research Director at IDC. Together with Carbonite’s proven portfolio of cloud and hybrid backup and disaster recovery solutions, Carbonite will now address the data protection needs and uptime requirements of all midsized and small businesses. Available for both Windows and Linux, these solutions help keep businesses running in the face of ever-increasing cyber-threats, disasters, and technology failures. Conference call details are provided below.ĭouble-Take High Availability (HA) solutions have been trusted by businesses for more than two decades to protect them from the costs and consequences of unplanned downtime and data loss. ET today, Januto discuss the acquisition.

The company is hosting a conference call at 5:30 p.m. Barclays acted as financial advisor to the company. The transaction closed on January 31, 2017. Of the $59.75 million in cash, $20.55 million was funded with cash on hand and $39.2 million was funded through a revolving credit facility at Silicon Valley Bank. The aggregate purchase price for Double-Take Software was $65.25 million, comprised of $59.75 million in cash and $5.5 million in Carbonite common stock, representing approximately 332,000 shares.

Carbonite also announced preliminary fourth quarter and full year 2016 financial results. The acquisition enhances Carbonite’s existing suite of data protection solutions for small and midsize businesses (SMB) with high availability technology that significantly minimizes downtime. (NASDAQ: CARB), a leading provider of data protection solutions for small and midsize businesses, today announced it has acquired Double-Take Software, an affiliate of Vision Solutions, Inc. It helps optimise bandwidth efficiency, sending little data chunks, incorporating various compression levels and enabling bandwidth throttling.BOSTON, Feb.1, 2017 (GLOBE NEWSWIRE / KOREA IT TIMES) - Carbonite, Inc. It uses live, byte-level replication to create a replica of the database, data, application or server under migration. But these delays cost opportunities, high IT costs and agility that can hurt the business. Often, companies delay migration owing to the downtime involved in it. Comprehensive platform support for physical, virtual and cloud-based systemsĭata migration between servers is an intricate process.Exceptionally quick failovers that reduce downtime.Data encryption, in flight, in between the source and the targetĬontinuous replication that maintains a secondary copy without letting the primary system or network bandwidth affect.3-tier compressions to reduce network impact.Straightforward and non-disruptive testing.The software product offers features including the following.:

Doubletake and carbonite