Carbonite Grabs Market Share in Strategic Referral Deal
23 August 2017 - 12:00AM
Carbonite, Inc. (NASDAQ:CARB), a leading provider of cloud, hybrid
and onsite data protection solutions, today announced it has
entered into an agreement to provide a transition path for
customers from the CrashPlan for Home division of Code42 Software
to Carbonite. The deal strengthens Carbonite’s competitive
advantage and positions the company as a leading provider of
flexible data protection solutions.
“Carbonite is quickly acquiring an interesting set of
technologies to broaden its data protection portfolio and expand
its customer base,” said Phil Goodwin, Research Director at IDC.
“This strategic referral arrangement of Code42’s CrashPlan for Home
customers gives Carbonite an additional economy of scale in its
historic core business. Thus, the company is pursuing efficiencies
in its consumer business, while assembling a powerful set of
technologies as it aggressively expands into the business
market.”
As a result of the deal, Code42 will no longer sell CrashPlan
for Home subscriptions. Code42 will honor all subscriptions for
existing consumer customers and CrashPlan for Home will end after
October 22, 2018, at which date the product will no longer be
available for customers’ use. Throughout the transition period,
Carbonite will offer an exclusive discount to CrashPlan for Home
customers. Both companies are committed to working together to
ensure that all customers have the best possible experience.
“We are thrilled to welcome CrashPlan for Home customers to
Carbonite and are prepared to help them throughout this transition”
said Mohamad Ali, President and CEO of Carbonite. “The partnership
increases Carbonite’s efficiency and scale and enables us to invest
further in our market-leading data protection solutions that serve
a broad range of customer needs.”
“The needs of home consumers and business customers are rapidly
diverging, and we made the strategic decision to focus exclusively
on the business market due to the unique value we provide to
businesses of all sizes and the hyper-growth we are experiencing in
that segment,” said Joe Payne, President and CEO of Code42.
"We carefully evaluated our at-home consumers' long-term needs for
backup and support and found Carbonite's powerful, yet simple
consumer backup solutions were the best fit for our CrashPlan for
Home customers.”
Customers can begin their transition by
visiting: https://portal.carbonite.com/#/welcometocarbonite/landingpage
About Carbonite
Carbonite provides data protection solutions for businesses and
the IT professionals who serve them. Our solution suite provides a
full complement of backup, disaster recovery, high availability and
migration solutions for any size business in locations around the
world, all supported by secure and scalable global cloud
infrastructure. To learn more
visit www.Carbonite.com.
Contacts
Investor Relations Contact:
Jerry Sisitsky
Carbonite
781-928-0713
investor.relations@carbonite.com
Media Contacts:
Sarah King
Carbonite
617-421-5601
media@carbonite.com
Kelsey Shively, Weber Shandwick (for Carbonite)
425-306-2090
wswnacarbonite@webershandwick.com
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