eqt

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

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 […]

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

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

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

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

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

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

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