Veeam Software wants to acquire data security and compliance software provider Securiti for around $1.8 billion, reports Bloomberg, citing sources. The talks are reportedly at an advanced stage. The sources say the acquisition may be officially announced this week.
Securiti specializes in data privacy, security, and compliance. Founded in 2018 and based in San Jose, California, the company offers an integrated SaaS (Software as a Service) platform that helps organizations comply with complex privacy regulations. Securiti’s solutions automate processes such as data management, risk assessment, and data subject request processing, leveraging artificial intelligence and machine learning.
