Veeam acquiring Securiti AI for US$1.725 B

Veeam Software has signed a definitive agreement to acquire Securiti AI, a provider of data security posture management (DSPM), for US$1.725 billion. 

Veeam and Securiti AI unify data resilience with DSPM, privacy, governance, and AI trust spanning production and secondary data. Together, they will help customers understand their full data estate, while providing security, along with recovery and rollback, to unleash the value of their data for AI.

With the acquisition of Securiti AI, Veeam eliminates the challenge of managing fragmented data across apps, clouds, SaaS, endpoints, and backups. CIOs, CISOs, and CDOs will have a unified command center to fully control and understand all their data, as well as secure it with near-zero data loss or business downtime, recover and rollback data and AI with precision, and safely unleash AI innovation. 

This single control plane across production and secondary data enables enterprises to uniformly command their entire data estate – combining Veeam’s data resilience capabilities with Securiti AI’s DSPM, data privacy, and AI trust capabilities.

Organizations have been unable to harness the value of unstructured data, including emails, documents, and customer interactions, which represent 70-90% of all enterprise data. 

Meanwhile, cyberattacks are escalating, regulations are tightening, and AI initiatives are stalling because the data feeding them can’t be trusted. Industry studies estimate that 80-90% of AI projects fail, many due to data issues, including accuracy, lineage, permissions, and identity, as well as privacy concerns. 

Traditional approaches, which involve siloed tools for data security and management, don’t reflect new AI threats and force teams into constant trade-offs between security, risk management, and business agility. 

The combination of Veeam and Securiti AI dramatically mitigates these trade-offs with a single command center for all data.

“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,” said Anand Eswaran, CEO at Veeam. “This is the single most critical factor in failed AI initiatives.”

Rehan Jalil, CEO at Securiti AI, said that enterprise AI is simply not possible without data security. 

“Securiti AI solves that and enables the safe use of data and AI,” said Jalil. “Veeam’s global reach and innovation, combined with our technology and intelligence, will provide customers with unmatched business resilience and security to fully unlock the benefits of AI.”

The transaction is expected to close in the fourth quarter and is subject to customary closing conditions and regulatory approvals. Veeam will continue to offer Securiti AI’s Data Command Center alongside its existing product family and will announce new integrated capabilities very soon.

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