Insight-Owned Veeam to Acquire Securiti AI for $1.7 Billion (1)

Veeam Software, owned by private equity firm Insight Partners, agreed to buy Securiti AI for about $1.73 billion in cash and stock, adding software that helps secure corporate data used in artificial intelligence applications.

The deal is expected to close the first week of December and add to profit in the second half of 2026, Veeam Chief Executive Officer Anand Eswaran said in an interview.

Veeam, which makes software for backing up and recovering data after ransomware attacks and other breaches, is looking to protect clients from new threats posed by AI.

The Kirkland, Washington-based company wants to ...