Add-on Acquisition • Software

Veritas Acquires Globanet

On September 28, 2020, Veritas acquired software company Globanet

Acquisition Context

This is Veritas’ 8th transaction in the Software sector.
This is Veritas’ 6th transaction in the United States.
This is Veritas’ 4th transaction in California.

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M&A Deal Summary
Date	September 28, 2020
Target	Globanet
Sector	Software
Buyer(s)	Veritas
Deal Type	Add-on Acquisition

Target Company

Globanet

Sherman Oaks, California, United States

Globanet is a software company provides of email archive migration, compliance and eDiscovery solutions. Globanet was founded in 1996 and is based in Sherman Oaks, California.

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Buyer Overview 1

Buyer

Veritas

Santa Clara, California, United States

Category	Company
Founded	1982
Sector	Information Technology
Revenue	2.6B USD (2015)

DESCRIPTION

Entrance to VERITAS' corporate headquarters in Mountain View, California.

Veritas is an information management systems provider offers storage and server management software solutions. Veritas was founded in 1982 and is based in Santa Clara, California.

Deal Context for Buyer	#
Overall	8 of 8
Sector: Software	8 of 8
Type: Add-on Acquisition	8 of 8
State: California	4 of 4
Country: United States	6 of 6
Year: 2020	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2019-03-06	APTARE Campbell, California, United States APTARE, Inc. is a provider in analytic solutions for hybrid cloud environments and the industry's leading open and extensible IT analytics platform. APTARE, Inc. was founded in 1993 and is based in Campbell, California.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2019-03-06

APTARE

Campbell, California, United States

APTARE, Inc. is a provider in analytic solutions for hybrid cloud environments and the industry's leading open and extensible IT analytics platform. APTARE, Inc. was founded in 1993 and is based in Campbell, California.

Buy

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