Consolidation in the cloud as OpenText buys Hightail and Carbonite grabs Mozy from Dell

Back in the early 2000s before Dropbox was a gleam in Drew Houston’s eye, sharing large files was a huge challenge. Email services limited attachment size because bandwidth and storage were both expensive and FTP required a certain level of technical acumen. YouSendIt tried to resolve that problem by providing a way to share large files in the days before the cloud became a thing.

The company, which became Hightail in 2013, was sold to OpenText today for an undisclosed amount. OpenText is a highly acquisitive Canadian content management company. It operates almost like a private equity play, buying up older companies and living off of the assets, while incorporating them into the OpenText family of products.Alan Pelz-Sharpe, founder and principal analyst at Deep Analysis...