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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 would that would value the ...
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.
After the demerger from Symantec in 2016, Veritas rebranded itself as Veritas Technologies LLC. with a new logo. As CEO, Bill Coleman was able to transform the company to have "a startup, win-in-the-marketplace, customer-first culture" during the two-year turnaround. [11] On January 28, 2018, Veritas Technologies LLC. named Greg Hughes as its ...
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.
Several positive analyst moves added up to a tailwind, pushing Reddit's (NYSE: RDDT) share price up notably in the final month of 2024. December saw the social media company's already hot stock ...
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]
This broadening of the platform has also been reflected in the business. Reddit went public earlier this year at a $6.4 billion valuation, and last quarter, the 20-year-old company turned a profit ...