The deal comes at a time when Cohesity s biggest competitor Rubrik is, according to sources, planning to launch a stock market flotation in the coming weeks.
Arm Holdings is now firmly among the hottest artificial-intelligence stocks in the U.S. market. Its success validates its hefty valuation when the chip.
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 combined entity at $7.