Investment firm EQT has acquired a majority stake in Swiss cybersecurity company Acronis, valuing the firm at more than $3.5 billion to bolster its position in the global market.
Key Points
- EQT purchased a majority share in the Swiss-based cybersecurity and data protection provider Acronis.
- The transaction values the entire company at approximately $3.5 billion.
- Acronis specializes in integrated cyber protection, combining data backup with advanced security features.
- The deal reflects ongoing consolidation within the cybersecurity sector as private equity firms seek stable, high-growth technology assets.