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Carbonite Acquires Patents and Intellectual Property From Backup & Recovery Provider Rebit

BOSTON, Sept. 22, 2015 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ:CARB), 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.

About Carbonite

Carbonite (Nasdaq:CARB) is a leading provider of cloud and hybrid business continuity solutions for small and midsized businesses. Together with our partners, we support more than 1.5 million individuals and small businesses around the world who rely on us to ensure their important data is protected, available and useful. To learn more about the cloud solutions voted #1 by PC Magazine readers, as well as our partner program and our award-winning customer support, visit us at Carbonite.com.

CONTACT: Media Contacts: Emily Held, PAN Communications (for Carbonite) carbonite@pancomm.com 617-502-4300 Megan Wittenberger Carbonite 617-421-5687 media@carbonite.com

Source:Carbonite, Inc.