"The Kirkland, Washington-based company announced on Tuesday that it has signed a definitive agreement to acquire Securiti AI, a company that gives enterprises a command center for all of their data. The $1.725 billion deal is a mix of cash and stock and is expected to close the first week of December, as first reported by Bloomberg. Securiti was founded in 2019 by Rehan Jalil."
"Upon the close of the transaction, the Insight Partners-owned Veeam will offer Securiti's data command center product alongside its existing offerings. Jalil will join Veeam as the president of security and AI. "We've entered a new era for data. It's no longer about just protecting data from cyber threats and unforeseen disasters; it's also about identifying all your data, ensuring it's governed and trusted to power AI transparently," Anand Eswaran, Veeam CEO, said in a company press release."
"Veeam closed a $2 billion secondary sale in December 2024 that valued the company at $15 billion. At the time, Eswaran said that one of the company's plans for 2025 was to find acquisition targets that were complimentary to the company's data resilience business. This acquisition news comes amid a year of consolidation in the data industry as data companies are getting bought to help companies improve their data stack to help their clients adopt AI."
Veeam signed a definitive agreement to acquire Securiti AI for $1.725 billion in a cash-and-stock deal expected to close the first week of December. Securiti provides a data command center that helps enterprises identify, govern and manage data for AI use. Founder Rehan Jalil will join Veeam as president of security and AI. Veeam plans to offer Securiti's product alongside existing offerings to strengthen data governance, security and AI readiness. Veeam's December 2024 $2 billion secondary sale valued the company at $15 billion and spurred a 2025 acquisition strategy aligned with industry consolidation around AI.
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