Both solutions were profitable, with gross margins of over 80 percent, Folger said.ĭouble-Take also brings Carbonite a customer base of about 6,000 businesses, Folger said.
"This provides a great opportunity to cross-sell more solutions to protect customers' mission-critical assets," he said.Īnthony Folger, Carbonite's chief financial officer and treasurer, said during the conference call that over 80 percent of Double-Takes business came from its high availability technology, and about 15 percent from its data migration technology. We've also steadily moved up-market, evolving from focusing on consumers and small businesses to protecting the enterprise," Ali said.ĭouble-Take also brings Carbonite a business with 90 percent of sales coming through a channel base of over 500 channel partners, Ali said. Mohamad Ali, Carbonite president and CEO, said during a late Tuesday analyst conference call that the acquisition of Double-Take not only expands Carbonite's business from cloud storage to disaster recovery and business continuity to high availability and data migration, but also brings partners from both organizations huge cross-sell and up-sell opportunities. SMBs increasingly need enterprise capabilities and Double-Take brings that to Carbonite." "Then they say they wish they had fast image-based restores. "These firms often say they are fine with normal backups, and they are OK until they have a problem," Tatsch said. Most of ETS Networks' clients are smaller businesses, but they include several architectural and medical firms and, for those companies, enterprise-class protection is a must, Tatsch said. "If Carbonite can wrap its arms around Double-Take, it will be a great opportunity," Tatsch said. The company since then has matured its technology.
#Doubletake vision solutions software#
"Seventy-five percent off," he said.ĭouble-Take was for a long time the industry standard for warm servers, which were servers that were kept running in a low power state which did not need software licenses but could quickly take over in case of a disaster, Tatsch said. Tatsch said Carbonite also seems to have made a good deal for Double-Take. Carbonite a few ears ago tried to bring a disaster recovery appliance to market. "It fills out the disaster recovery needs of Carbonite. The acquisition is an excellent move for Carbonite, said Ed Tatsch, president of ETS Networks, an Arden, N.C.-based solution provider, and Carbonite channel partner. Double-Take was acquired by Vision Solutions in 2010 for about $242 million. It comes after Carbonite's December 2015 acquisition of EVault, which brought the company into the disaster recovery and business continuity business.Ĭarbonite is paying just over $65 million for Double-Take Software. This represents the second major acquisition for Boston-based Carbonite which originally started out as a provider of cloud-based backup technology to consumers but which is now focused on MSPs and solution providers looking to protect and manage the data of small and mid-sized businesses. Cloud-based data protection technology developer Carbonite said on Tuesday that it had acquired the Double-Take Software assets of Vision Solutions in a move to bring its channel partners new offerings related to high-availability and data migration.
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