Carbonite to Acquire MailStore for Approx. $19.8M

Cloud and hybrid backup and recovery solutions provider Carbonite (CARB) today announced plans to acquire MailStore for approximately $19.8 million. 

Carbonite CEO Mohamad Ali said he believes acquiring MailStore, a German email archiving solutions provider for small and medium-sized businesses (SMBs), will help his company expand globally and improve its SMB continuity solutions portfolio.

“MailStore is a great fit for Carbonite, as both companies are committed to providing SMBs with powerful yet simple data protection solutions,” he said in a prepared statement. “In addition to offering email archiving to businesses worldwide with MailStore’s existing solutions, Carbonite will integrate MailStore’s robust full-text search and indexing capabilities into our product portfolio to help our business customers better manage, understand and leverage their data.”

Ali added that he believes MailStore’s fast-search technology and interface will allow Carbonite users “to search and find important information without the need for IT assistance.”

The acquisition also creates new opportunities for both companies’ channel partners, according to the Boston-based cloud backup solutions provider.

“Both Carbonite and MailStore channel partners will be able to offer more robust and comprehensive data protection solutions to their clients without having to deal with additional vendors,” a Carbonite spokesperson told Talkin’ Cloud.

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Carbonite currently supports 1.5 million customers worldwide, while over 22,000 companies today use MailStore products. And together, both Carbonite and MailStore plan to continue to serve SMBs across the globe.

“Like MailStore, Carbonite is focused on serving the needs of small and midsize businesses, and this commonality made this partnership feel right,” MailStore CEO Tim Berger wrote in a blog post.

Carbonite said it expects to complete the MailStore acquisition by the end of the month.

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