Updated
Updated · The Register · Jun 16
EQT Buys Acronis Majority Stake at Over $3.5 Billion Valuation
Updated
Updated · The Register · Jun 16

EQT Buys Acronis Majority Stake at Over $3.5 Billion Valuation

1 articles · Updated · The Register · Jun 16

Summary

  • EQT acquired a majority stake in Swiss cybersecurity firm Acronis in a deal that values the whole company at more than $3.5 billion.
  • The report did not specify the size of the stake sold, but the transaction gives EQT control of a business focused on cybersecurity software and services.
  • Acronis joins a cybersecurity sector still drawing large private-equity bets, underscoring investor appetite for security assets despite broader tech market volatility.

Insights

With AI attacks bypassing multi-factor authentication, are traditional cybersecurity strategies for the cloud now completely obsolete?
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As AI agents learn to bypass human security controls, who is held accountable for the inevitable automated breaches?