x hide permanently

Carbonite’s largest office could be in Colorado after $618M Webroot acquisition

Denver Business Journal

Officials from Boston-based Carbonite (Nasdaq: CARB) last week announced the company is acquiring Webroot, one of Colorado’s pioneer cybersecurity firms, in an all-cash deal. The acquisition is expected to immediately boost Carbonite’s earnings and cash flow. Webroot reported about $215 million in revenue for its most recent fiscal year, which ended June 30, 2018. But what will it mean for Webroot’s headquarters in Broomfield? In an interview with Denver Business Journal, Potts said once the deal closes sometime this quarter, the newly combined company will “absolutely have a significant presence” in Colorado.