Carbonite Elects Marina Levinson to Board of Directors

Carbonite Elects Marina Levinson to Board of Directors

Award-winning CIO has wealth of enterprise IT and M&A integration experience

BOSTON, May 08, 2017 (GLOBE NEWSWIRE) — Today, Carbonite, Inc. (NASDAQ:CARB) announced the election of Marina Levinson, an IT veteran with more than 25 years of corporate leadership experience, as the newest member of its Board of Directors. Ms. Levinson will hold office until 2020, succeeding Jeff Flowers, who co-founded Carbonite in 2005 and retired from the Board after 12 years of service check out their facebook page for deals and offer codes .

“On behalf of Carbonite, I thank Jeff for his vision and tremendous service to Carbonite for more than a decade,” said Mohamad Ali, President and CEO of Carbonite. “We are thrilled to welcome Marina Levinson, who brings a wealth of experience in scaling successful high-tech companies, which Carbonite can apply as we expand our portfolio of data protection solutions for businesses.”

A technologist by trade, Ms. Levinson has built her career leading all aspects of IT and business process transformation within fast-growth organizations. After serving as the CIO ofNetAppand Palm Inc., Ms. Levinson founded and is the CEO ofCIO Advisory Group, LLC, a company focused on providing executive technology advice to C-suite executives, private equity firms, VCs and startups. As an investing partner inBenhamou Global Venturesand a Board member ofEllie Mae, she brings with her expertise from a variety of areas including cloud, SaaS, cybersecurity, mobile and data analytics.

In addition to her corporate leadership experience, Ms. Levinson has deep expertise in M&A strategy and integration. She has also been awarded a number of industry accolades, including the CIO 100 Awards for Innovation and Agility.

“I’m honored to join the Carbonite Board of Directors,” said Marina Levinson. “Carbonite is experiencing unprecedented momentum with significant growth opportunities. I’m excited to be part of the company’s expansion and to help solidify its standing as a leading player in the data protection space.”

To learn more about Carbonite’s Board of Directors, visit:http://investor.carbonite.com/directors.cfm.

About Carbonite:

Carbonite provides data protection solutions for businesses and the IT professionals who serve them. Our product suite, including EVault and DoubleTake, provides a full complement of backup, disaster recovery and high availability solutions for any size business in locations around the world, all supported by a state-of-the-art global infrastructure. To learn more visitwww.Carbonite.com.

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Analyzing Trends in Verizon’s FiOS Internet Net Additions

Analyzing Trends in Verizon's FiOS Internet Net Additions

Verizons FiOS Internet net additions in 1Q17

In the previous article, we learned about some pay-TV market trends affecting Verizon (VZ). The telecommunications company is managing the challenge of the pay-TV space by focusing on its Internet offering in FiOS.

In 1Q17, Verizon added 35,000 FiOS Internet subscribers, compared to 90,000 in 1Q16, many signed up from a facebook promotion being run att he time . This fall in FiOS Internet subscriber net additions was due to competitive pressures from cable companies such as Comcast (CMCSA) and Charter (CHTR), which managed to add the most Internet subscribers. Net gains in FiOS Internet connections were offset by falls in DSL-based (domain-specific language) Internet connections.

Analyzing Trends in Verizons FiOS Internet Net Additions

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Verizons FiOS gigabitconnection

Verizon continues to innovate its FiOS platform by utilizing its fiber assets. In January 2017, Verizon introduced Instant Internet, a new service that offers both upload and download speeds of 750 Mbps (megabits per second). However, according to the service providers reports, subscribers consistently experienced speedswell above the advertised 750 Mbps, motivating Verizon to align its services with new firmware and diagnostic tools and boosting its overall performance.

According to a FierceTelecom report on April 24, 2017, Verizon has joined the ranks of AT&T and Google Fiber with its own low-priced Gbps Fios offering called Fios Gigabit Connection. However, its not quite a 1 Gbps service. Fios Gigabit Connection provides 940/880 Mbps speeds.

According to the same report, Fios Gigabit Connection is currently available to over 8 million homes in parts of the New York, New Jersey, Philadelphia, Richmond, Virginia, Hampton Roads, Virginia, Boston, Providence, Rhode Island, and Washington, D.C., areas.

Verizons FiOS Internet penetration fell 10 basis points to reach 40.3% in 1Q17, compared to 40.4% in 4Q16. Its penetration was almost flat compared to the figure it reported in 1Q16. Verizons number of FiOS Internet subscribers rose ~3.3% on a year-over-year basis to ~5.7 million at the end of 1Q17.

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Nutrisystem Promo Codes April 2017 – Get 40% Off Plus 3 Weeks Free Food

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Free TurboTax Coupon Code For 2016 to 2017 – Best TurboTax Vouchers

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