This highly complementary combination will create a new leader in data security and management with numerous product offerings to help customers address their needs for data security.
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.
Cohesity and Veritas' Data Protection Division Unveil Full Merger Plans thefastmode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefastmode.com Daily Mail and Mail on Sunday newspapers.
Cohesity to acquire Veritas data security unit crn.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crn.com.au Daily Mail and Mail on Sunday newspapers.
Analysts Robert Kramer and Patrick Moorhead explain why Cohesity s planned acquisition of Veritas, announced this week, will shake up the data protection market.