On 16 December 2015, Cloud backup outfit Carbonite acquired Seagate's EVault cloud backup service for US$14M.
EVault, a Seagate Company, is a backup and recovery provider and a wholly owned subsidiary of Seagate Technology. EVault and its partner network develop and support on-premises, cloud-based, and hybrid backup and recovery services for midmarket customers in need of data backup, data recovery, disaster recovery, regulatory compliance, and cloud storage or online backup services. The company primarily services customers in heavily regulated industries—financial services, legal, health care—as well as in government, education, telecommunications, and charity/nonprofit. Headquartered in San Francisco, California, United States, the company has sales, service, and data center operations in North America and EMEA (Europe, Middle East, and Africa).