EQT buys majority share in cybersecurity outfit Acronis

EQT buys majority share in cybersecurity outfit Acronis

Went at equivalent of $3.5B+ valuation for entire firm, though portion sold not specified

EQT takes a majority stake in cybersecurity firm Acronis at $3.5B+ valuation

Cybersecurity remains a white-hot space for investors. In the latest example of that demand, EQT has bought a majority stake in Acronis, a security company that specializes in data protection, cloud and integrated security solutions for managed service providers (which resell services to consumers) and corporate IT teams. The size and value of the stake, […] © 2024 TechCrunch. All rights reserved. For personal use only.

Sweden's EQT plans to buy a majority stake in Swiss cybersecurity and data protection company Acronis, sources say valuing Acronis at $4B, up from $3.5B in 2022

Reuters: Sweden's EQT plans to buy a majority stake in Swiss cybersecurity and data protection company Acronis, sources say valuing Acronis at $4B, up from $3.5B in 2022  —  Sweden's EQT (EQTAB.ST) said on Wednesday it will acquire a majority stake in Swiss cybersecurity and data protection company Acronis.