eqt

1X struck a deal to send its ‘home’ humanoids to factories and warehouses

AI /

1X found some big potential buyers for its humanoid robots designed for consumers — the portfolio companies of one of its investors. The robotics company announced a strategic partnership to make thousands of its humanoid robots available for EQT’s portfolio companies on Thursday. EQT is a large Swedish multi-asset investor, and its venture fund EQT […]

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

Security /

Cybersecurity remains a white-hot space for investors. And 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

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Meet the founder who built and sold a $600M enterprise software startup from Sri Lanka

Enterprise /

Sri Lanka isn’t renowned for its startup ecosystem, but one company has been something of an outlier in the South Asian island nation these past two decades. An open source enterprise software provider with customers such as Samsung, Axa, and AT&T, WSO2 recently agreed to be acquired by private equity giant EQT, at a valuation

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EQT snaps up API and identity management software company WSO2 for more than $600M

Enterprise /

WSO2, a company that provides API management and identity and access management (IAM) services for enterprises, has been acquired by Swedish investment giant EQT. Terms of the deal were not disclosed, but TechCrunch has learned via sources that the deal values WSO2 at “more than” $600 million, with EQT attaining a “significant majority” stake for

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