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Carbonite quiet period ends September 20

September 15, 2011

Carbonite, which is leading provider of online backup solutions for consumers and SMBs, will see its quiet period end on Tuesday, September 20. On August 10, the company raised $62.5 million by offering 6.25 million shares at $10, below the range of $15 to $17. BofA Merrill Lynch and J.P. Morgan acted as lead managers on the deal.