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Open Text to Buy Security Firm Carbonite for $23 a Share

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Open Text Corp. announced a deal to acquire Carbonite Inc., a provider of data-protection services, for about $800 million in cash, according to a statement.

The transaction of $23 per share for the Boston-based Carbonite is a 25% premium to the close of trading Friday. Bloomberg first reported the deal earlier Monday, and that Carbonite was mulling a sale in early September.