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Veritas Technologies LLC is an American international data management company headquartered in Santa Clara, ... In 2000 the company achieved revenues of $1.2 billion, ...
Veritas Capital was founded in 1992 and raised its first fund in 1998. [6] [9] The firm invested exclusively in companies that support the government, government-influenced markets, and commercial customers, specifically in certain sectors, such as aerospace, defense, communications, education, energy, government services, healthcare, national security, and software. [11]
Veritas is majority-owned by private equity firm Carlyle Group, which acquired the company from Symantec in 2016. Carlyle has rolled over its stake in the unit and will join Cohesity's board after ...
Symantec confirmed on January 28, 2015, that the information management business would be called Veritas Technologies Corporation, marking a return of the Veritas name. [49] In August 2015, Symantec agreed to sell Veritas to a private equity group led by The Carlyle Group for $8 billion. The sale was completed by February 2016, turning Veritas ...
In 2021, Veritas acquired the federal IT and mission support business of Northrop Grumman for $3.4 billion. [ 10 ] [ 11 ] In May 2021, Perspecta (a 2018 merger of DXC Technology 's U.S. public sector spin-off, Vencore, Inc. , and KeyPoint Government Solutions), [ 12 ] was acquired by Veritas for $7.1 billion and placed under Peraton.
The company’s Intelligence Cloud platform, which includes Azure services, came up short too, posting revenue of $25.5 billion on expectations of $25.8 billion. Microsoft said part of the problem ...
Leslie co-founded [5] [6] Veritas Technologies and served as its CEO. [7] [8] During his tenure as Chairman and CEO, [9] the company grew from $0 to $1.5B in revenue and $400M in operating profit, was a top ten independent software company and achieved the distinction of becoming a Fortune 1000 company. [10] [11]
This is a list of software and information technology companies that are in the Fortune 500 list of the largest U.S. companies by revenue in the year of 2024. Company Type