The online backup space can't stay out of the news these days!!  Last week we heard about Carbonite's plans for an IPO (more on that in another post). Today we learned the fate of the Iron Mountain online backup business; it will be acquired by Autonomy, a large European software company, for the not insignificant sum of $380m.

http://www.techcrunchit.com/2011/05/16/autonomy-buys-iron-mountain’s-digital-archiving-online-backup-business-for-380m/