EQT Buys Acronis Majority Stake at $3.5 Billion-Plus Valuation

1 articles · Updated · The Register · Jun 20

EQT has acquired a majority stake in Swiss cybersecurity company Acronis, valuing the entire business at more than $3.5 billion.
The report did not disclose the size of the stake sold or financial terms beyond the implied company valuation.
Acronis sits in the cybersecurity market, where demand has stayed strong as ransomware, phishing and infrastructure attacks keep pressure on companies to spend on protection.
The deal adds another sizable private-equity bet on security software, underscoring investor appetite for cyber assets despite broader tech-market volatility.