"Mozy" Posts

Carbonite Acquires Dell EMC’s Mozy Cloud Backup Service

Carbonite is acquiring Dell EMC’s Mozy cloud backup service for $145.8 million in cash. Carbonite also lined up a $120 million credit facility for additional acquisitions. Revenues continue to grow, but channel competition from Datto, Veeam, StorageCraft and cloud upstarts intensifies.