Open Text has announced a deal to acquire Carbonite Inc., a provider of data-protection services, for about $US1.4 billion.

The enterprise content management specialist is diversifying into the market for small and medium-sized businesses and consumers, where Carbonite is positioned.

“Cloud platforms and secured, smart endpoints are essential information management technologies as businesses transform into Industry 4.0,” said Mark J. Barrenechea, OpenText CEO and CTO, in a statement.

“This acquisition will further strengthen OpenText as a leader in cloud platforms, complete endpoint security and protection, and will open a new route to connect with customers through Carbonite’s marquee SMB channel and products.”

In march 2019, Carbonite acquired cloud-based cybersecurity provider Webroot for $US618.5 million in cash

OpenText has also announced updates to its security platform including:

• Threat Hunting Service, is a new service which provides a team of OpenText security experts utilizing EnCase Endpoint Security and Magellan to aid in the quick identification, monitoring, and remediation of threats.
• EnCase TM Endpoint Security, which OpenText says will enhance endpoint detection and response capabilities to assist security teams in finding and removing threat actors from networks in quicker turnaround times.
• EnCase TM Forensics brings time-saving workflows and updates to indexing and search capabilities. The update also allows users to browse the Apple File System snapshot as well as access a collection of Microsoft OST artifacts.
• Tableau Forensic Imager will now provide users the ability to pause and resume any forensic imaging jobs, even after a power cycle.