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By Krystal Hu and Anirban Sen. NEW YORK (Reuters) -U.S. data security software firm Cohesity told Reuters on Wednesday it has agreed to acquire Veritas's data protection business in a deal that ...
Veritas Technologies LLC is an American international data management company headquartered in Santa Clara, California.The company has its origins in Tolerant Systems, founded in 1983 and later renamed Veritas Software.
Cohesity, Inc. is an American privately held information technology company headquartered in San Jose, California with offices in India and Ireland. [4] The company develops software that allows IT professionals to backup, manage and gain insights from their data across multiple systems or cloud providers.
The company has made five acquisitions with a value greater than $1 billion: LifeLock was acquired on Feb 9, 2017 for $2.3 billion, Blue Coat Systems was acquired on Aug 1, 2016 for $4.65 billion, VeriSign was acquired on May 19, 2010, for $1.250 billion, Altiris was acquired on April 6, 2007, for $1.038 billion, and Symantec purchased Veritas ...
(Reuters) -Private equity firm Veritas Capital has made an offer to buy Canadian software company BlackBerry, according to a person familiar with the matter. Details of the offer could not be learned.
Analysts expect the U.S. stock market could outperform the U.S. economy, thanks largely due to positive operating leverage. Since the pandemic, companies have adjusted their cost structures ...
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]
The only stock to drag more on the market was Eli Lilly, which fell 6.6% after saying it expects to report weaker revenue for the last three months of 2024 than previously forecast.