Veritas Technologies, a privately owned company headquartered in the US, was founded in 1983 and operates with approximately 6,460 employees. The company develops enterprise data management software designed to help organizations protect their mission-critical data.
On September 28, 2026, Veritas received the backing of thermal-processing company Bodycote's board for its £1.85 billion ($2.5 billion) offer, prompting CVC to cease its proposed takeover. Previously, on September 18, 2026, Cohesity CEO Sanjay Poonen updated on the Veritas acquisition, explaining the company's decision to finalize the deal before an initial public offering to become the market leader and project annual revenues closer to $2 billion, an increase from $500 million.
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