Updated
Updated · The Register · Jul 20
EQT Buys Acronis Majority Stake at Over $3.5 Billion Valuation
Updated
Updated · The Register · Jul 20

EQT Buys Acronis Majority Stake at Over $3.5 Billion Valuation

1 articles · Updated · The Register · Jul 20

Summary

  • EQT acquired a majority stake in Swiss cybersecurity company Acronis in a deal that values the entire firm at more than $3.5 billion.
  • The portion sold was not disclosed, but the transaction gives the private equity group control of a company focused on cybersecurity software and services.
  • Acronis adds to EQT's exposure to security technology as cyber threats and demand for protection tools keep the sector strategically important.

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