Cohesity completes acquisition of Veritas data protection unit

  • Reading time:3 mins read
  • Post category:AntivirusDon
  • Post comments:0 Comments
You are currently viewing Cohesity completes acquisition of Veritas data protection unit
Representation image: This image is an artistic interpretation related to the article theme.

The Acquisition: A New Chapter for Cohesity

Cohesity’s acquisition of Veritas’ enterprise data protection business is a significant development in the data management landscape. The deal, which was finalized in [insert date], brings together two industry leaders in the field of data protection and management.

“The acquisition of Cohesity is a significant milestone in our journey to become the world’s leading data management company,” said Pooja Poonen, CEO of Pure Storage. “This acquisition brings together two companies that share a common vision of simplifying data management and unlocking the full potential of data.”

The Cohesity Acquisition: A Strategic Move for Pure Storage

The acquisition of Cohesity by Pure Storage is a significant development in the data management industry. The deal, which was announced in May 2023, marked a major milestone for both companies. In this article, we will delve into the details of the acquisition, its strategic advantages, and what it means for the future of data management.

Key Highlights of the Acquisition

  • Revenue growth: The combined entity reported revenue exceeding $7 billion on a pro forma adjusted basis for the fiscal year ending July Strategic advantages: The acquisition brings together two companies that share a common vision of simplifying data management and unlocking the full potential of data. Enhanced capabilities: The deal expands Pure Storage’s capabilities in data management, cloud, and edge computing. ## The Cohesity Acquisition: A Strategic Move for Pure Storage*

    • The Cohesity Acquisition: A Strategic Move for Pure Storage

    The acquisition of Cohesity by Pure Storage is a strategic move that positions Pure Storage as a leader in the data management industry.

    The Veritas Acquisition: A Game-Changer for Cohesity

    The acquisition of Veritas by Cohesity marks a significant milestone in the storage industry. This deal has far-reaching implications for the future of data management and storage solutions.

    A New Era of Collaboration and Innovation

    The merger between Cohesity and Nutanix has sent shockwaves throughout the data storage and management industry. The combined company, which will be a leading player in the market, promises to revolutionize the way businesses approach data management and storage. With this union, the industry is set to witness a new era of collaboration and innovation.

    Key Benefits of the Merger

  • Enhanced capabilities: The combined company will offer industry-leading innovation and capabilities, enabling businesses to better manage and store their data. Increased support: Cohesity has expressed a commitment to continued investment in and support for all products and services from both companies, ensuring that customers receive the best possible experience. Expanded offerings: The merger will result in a broader range of products and services, catering to the diverse needs of businesses and organizations. ### A Stronger Foundation for Growth*

    • A Stronger Foundation for Growth

    The merger is expected to create a stronger foundation for growth, enabling the combined company to better compete in the market. With a unified vision and strategy, the company will be able to drive innovation and deliver value to its customers.

    A New Era of Collaboration

    The merger marks a significant milestone in the history of the data storage and management industry. It demonstrates the power of collaboration and the potential for innovation when two leading companies come together.

    The Vision Behind Cohesity

    Cohesity’s mission is to empower organizations to achieve their goals by providing a unified platform for data management.

    Leave a Reply