Research Note: Cohesity to acquire Veritas’ data protection assets creating new  billion business

Research Note: Cohesity to acquire Veritas’ data protection assets creating new $7 billion business

Chris EvansCloud, Cohesity, Data Management, Data Practice: Data Protection, Data Protection, Enterprise, Individual Subscribers, Veritas Technologies LLC

Cohesity, Inc. has announced the acquisition of Veritas Technologies’ data protection division. The combined entity will have an aggregate turnover of $1.6 billion, $1.3 billion in ARR and a valuation of $7 billion.  With a mix of modern and legacy technologies, how will the future Cohesity compete in the data protection market?

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