Consolidation in the cloud as OpenText buys Hightail and Carbonite grabs Mozy from Dell
Summary
Email services limited attachment size because bandwidth and storage were both expensive and FTP required a certain level of technical acumen.It operates almost like a private equity play, buying up older companies and living off of the assets, while incorporating them into the Open Text family of products.Mark J. Barrenechea, who holds several titles at OpenText including vice chairman, CEO and CTO, says the addition of Hightail helps them meet yet another content management use case.“This deal provides Mozy customers scalable options for the future and gives Carbonite a broader base to which we offer our solutions,” Ali said in statement.Tony Byrne, founder and principal analyst at the Real Story Group says that both of these deals are indicative of consolidation in the online storage space.
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