Carbonite Acquires Patents and Intellectual Property From Backup & Recovery Provider Rebit, no terms disclosed

Carbonite, Inc.

, a leading provider of cloud and hybrid business continuity solutions for small and midsize businesses (SMBs), today announced that it has acquired core technology, six patents and other assets from Rebit, Inc. of Longmont, Colorado. In addition, six Rebit employees have joined the Carbonite Engineering team. Founded in 2007, Rebit is a developer of backup and recovery software for home users, professionals and small businesses. The acquisition of Rebit's intellectual property strengthens Carbonite's product line and overall technology portfolio. The addition of six new patents brings Carbonite's total number of patents held to 15. "Rebit and Carbonite have enjoyed a close partnership for several years. We are excited about the opportunities the Rebit intellectual property brings to our business and the value it will provide to our customers who rely on us to protect their digital assets. We look forward to working with our new team members in Colorado to develop next generation business continuity solutions for small business and individuals," said Mohamad Ali, President and CEO of Carbonite.