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  2. Financial

Softbank-backed Cohesity to buy Veritas data security unit, create $7 billion firm

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08 February 2024
Financial
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Weekly_020824 - Cohesity SQ

Business & FinanceDeals

Reuters exclusively reported[1] that U.S. data security software firm Cohesity told Reuters on Wednesday it has agreed to acquire Veritas’ data protection business in a deal that values the combined entity at $7 billion. 

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Read more https://www.reutersagency.com/en/reutersbest/article/softbank-backed-cohesity-to-buy-veritas-data-security-unit-create-7-billion-firm/

  • Previous Article Trump's media deal partner nears $50 million financing
  • Next Article German landlord TAG warns home prices could fall 30% from peak

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