Veeam Software is reportedly in advanced negotiations to acquire Securiti, a provider of data privacy management solutions, in a deal valued at approximately $1.8 billion. The potential acquisition highlights Veeam’s strategic effort to strengthen its data management and security offerings amid increasing demand for comprehensive data privacy tools.
Securiti, known for its platform that helps organizations comply with global data privacy regulations such as GDPR and CCPA, has seen significant growth as data privacy concerns continue to rise worldwide. The deal, if finalized, would expand Veeam’s capabilities in data protection by integrating privacy compliance features into its existing portfolio.
The companies have not publicly confirmed the negotiations, and the terms could still change. This move aligns with recent industry trends where cloud and data management companies seek to augment security and privacy features through mergers and acquisitions. A successful deal would position Veeam as a more comprehensive provider of data management solutions that address both security and regulatory compliance challenges faced by businesses today.