Cohesity, a pioneering figure in AI-powered data security and management, and Veritas, a stalwart in secure multicloud data resilience, have announced a definitive agreement to merge their respective data protection businesses. This strategic move aims to establish a formidable entity at the forefront of the data security and management domain. Under the leadership of Sanjay Poonen, Cohesity’s CEO and President, the combined organization seeks to leverage its pooled resources to drive innovation, support customer success, and expand its partner ecosystem.
Here’s what you should know
- Cohesity and Veritas intend to combine their data protection businesses to create a new industry leader in data security and management.
- Sanjay Poonen will lead the merged entity as CEO and President, with Greg Hughes, Veritas’ CEO, assuming a role as a Board member and strategic advisor.
- The merger aims to address the pressing need for robust data protection solutions in the face of escalating cyber threats and complex hybrid cloud environments.
- The combined company will offer a comprehensive multicloud data protection portfolio, catering to the needs of organizations worldwide.
- Cohesity and Veritas bring together significant industry experience, extensive customer bases, and a robust partner ecosystem, positioning the merged entity for accelerated growth and innovation.
The merger of Cohesity and Veritas heralds a new era in data security and management, marked by collaborative innovation and enhanced customer support. By pooling their expertise and resources, the combined entity aims to deliver transformative solutions that empower businesses to safeguard their critical data assets effectively. With a shared commitment to customer success and a focus on technological advancement, Cohesity and Veritas are poised to shape the future of data protection in an increasingly digital world.
