Cohesity strikes deal to buy Veritas data security arm - report

The acquisition will create a $7bn firm

Kelsey Rees
clock • 2 min read
Cohesity strikes deal to buy Veritas data security arm - report

SoftBank-backed data security vendor Cohesity has struck a deal to acquire Veritas' data security business in a move that will value the combined duo at $7bn.  According to reports from Reuters ...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
MSP double play: ConnectWise buys Axcient, SkyKick to strengthen portfolio

Vendor

"As cyber threats evolve, data protection and cybersecurity must go hand-in-hand," Ameer Karim, executive VP and GM at ConnectWise

clock 11 September 2024 • 4 min read
'The acquisitions will all be in Western Europe': Climb CEO Dale Foster after DataSolutions rebrands to Climb Channel Solutions UK

Distributor

The global distributor is now eyeing the DACH region, Climb CEO Dale Foster tells CRN

clock 06 September 2024 • 3 min read
Intel explores business split or sale amid woes: Reports

Vendor

The options could also include M&A or selling or splitting its foundry division

clock 02 September 2024 • 2 min read

More on Vendor

Oracle to expand database services with key partners

Oracle to expand database services with key partners

“Together, we will be able to give customers the flexibility to use multiple clouds,” said Karan Batta, SVP of Oracle cloud infrastructure

Paul Ferretti
clock 12 September 2024 • 1 min read
Dell to carry out 'continued' layoffs through end of year

Dell to carry out 'continued' layoffs through end of year

"Throughout fiscal 2025, we remain committed to disciplined cost management… We anticipate these actions will result in a continued reduction in our overall headcount,” stated the company

O'Ryan Johnson
clock 12 September 2024 • 4 min read
AWS plugging £8bn into UK datacentres

AWS plugging £8bn into UK datacentres

AWS to contribute £14bn to the country's GDP through to 2028

Paul Ferretti
clock 11 September 2024 • 2 min read