UPDATE: Carbonite to Acquire MailStore

Carbonite, Inc.

, a leading provider of cloud and hybrid backup and recovery solutions for businesses, and MailStore, a leader in email archiving solutions for small and midsize businesses (SMBs), have announced that the companies have entered into a definitive agreement whereby Carbonite will acquire MailStore. This acquisition advances Carbonite's plan for global expansion and enhances the company's portfolio of continuity solutions for SMBs with email archiving and indexing solutions, which businesses around the world rely on to keep a complete history of their business data and ensure data integrity. "MailStore is a great fit for Carbonite, as both companies are committed to providing SMBs with powerful yet simple data protection solutions," said Mohamad Ali, CEO, Carbonite. "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." Founded in 2006 and based in Viersen, Germany, MailStore provides email archiving solutions for SMBs. Its flagship solution, MailStore Server, is used by more than 22,000 businesses, including public and educational institutions. MailStore Server creates 1:1 copies of all emails in a central email archive to ensure the long-term security and availability of data. Its search and indexing capabilities provide full-text search of emails and attachments, and the solution works with all major email systems, including cloud email such as Office 365 and Gmail, as well as Exchange, PST files, and all IMAP and POP3-compatible email servers. In 2014, MailStore released a Service Provider Edition that enables channel partners to run the software on their own infrastructure and adapt it to their clients' business requirements. "Companies buy email archiving solutions to make a permanent record of every incoming and outgoing email for regulatory and compliance reasons, to protect against accidental or malicious deletion, and to make the valuable data that flows through email available to users for future access," added Ali. "MailStore's fast search technology and easy-to-use interface allows users to search and find important information without the need for IT assistance. We look forward to bringing this technology to more businesses so they are able to derive value from archived information." Email archiving is a natural complement to backup and recovery solutions, and many businesses are looking for both to ensure continuity of their data and meet compliance requirements, including HIPAA (USA), Data Protection Act 1998 (UK) and GDPdU (Germany). In addition, the acquisition of MailStore will expand the depth and breadth of the solutions Carbonite channel partners can offer their SMB clients to support business continuity and productivity, including the ability to protect information that originates in cloud-based applications rather than on local PCs or servers. "Since its founding, MailStore has been focused on developing enterprise-grade solutions tailored to the needs of small and midsize businesses. We're excited to join Carbonite as they embrace a similar philosophy and define what business continuity means for SMBs," said Tim Berger, co-founder and CEO, MailStore. The acquisition is subject to customary closing conditions and is expected to close in the fourth quarter of 2014.