Veeam, a leading cloud data management company, has announced its acquisition of Securiti.ai, a prominent player in data security and privacy, for $1.73 billion. This strategic move aims to enhance Veeam's capabilities in data protection, privacy compliance, and cloud security, addressing the growing demand for robust cybersecurity solutions in the digital era. The acquisition will enable Veeam to integrate Securiti.ai's advanced AI-driven data security platform, offering customers comprehensive data governance and risk management tools. This deal highlights the increasing importance of securing cloud environments and managing data privacy amid rising cyber threats and regulatory requirements. Veeam's expansion through this acquisition positions it as a stronger competitor in the cybersecurity market, providing innovative solutions to protect sensitive information across hybrid and multi-cloud infrastructures. The integration is expected to accelerate innovation and deliver enhanced value to clients seeking to safeguard their data assets effectively.
This Cyber News was published on www.reuters.com. Publication date: Wed, 22 Oct 2025 00:29:02 +0000