Carbonite

CEO: Mohamad Ali

Dec. 30, 2016: $16.40

March 31, 2017: $20.30

Change: +23.78%

In January Carbonite, a cloud data protection service provider, acquired the Double-Take Software assets of Vision Solutions in a move to expand its service offerings into high availability and data migration. That follows Carbonite's December acquisition of EVault, a provider of disaster recovery and business continuity services.

Both acquisitions are part of Carbonite's expansion beyond its original focus on consumers to providing data backup and other services for small and midsize business.

In February Carbonite reported that revenue in 2016 (ended Dec. 31) increased 52 percent to $207.0 million from $136.6 million in 2015. The company's loss narrowed to $4.1 million in 2016 from $21.6 million the previous year.