Carbonite

CEO: Mohamad Ali

Dec. 30, 2016: $16.40

June 30, 2017: $21.80

Change: +32.93%

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 mid-size business.

For its first quarter (ended March 31) Carbonite reported that revenue increased more than 18 percent to $57.1 million from $48.1 million in the first quarter of 2016. The company reported net income of $7.6 million compared with a $4.7 million loss one year earlier.