Veritas - M&A Summary, Ownership, and Business Overview

Information TechnologyCompany

Veritas M&A Summary

Veritas has acquired 8 companies of its own, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Veritas’ largest acquisition to date was in 2003, when it acquired Precise Software Solutions for $609M. Veritas has acquired in 3 different US states, and 3 countries. The Company’s most targeted sectors include software (100%).

Veritas Ownership

Who owns Veritas?

Veritas is owned by GIC and The Carlyle Group. It was acquired on August 11, 2015.

Is Veritas PE-backed?

Yes. Veritas is owned by private equity investors GIC and The Carlyle Group.

Veritas Business Overview

Where is Veritas headquartered?

Veritas is headquartered in Santa Clara, California.

What sector is Veritas in?

Veritas is an information technology company.

When was Veritas founded?

Veritas was founded in 1982.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity8
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 2

Veritas

Veritas Technologies LLC

2625 Augustine Drive,
Santa Clara, California 95054
United States,
(650) 527-8000
www.veritas.com

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


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 7 1 - - - - 8
vol $704M $704M
Sell (0.0/yr) # 1 - - - - - 1
  9

Most Recent M&A

Company Date Value Type
Globanet 2020-09-28 - Add-on Acquisition
Sherman Oaks, California · www.globanet.com
APTARE, Inc. 2019-03-06 - Add-on Acquisition
Campbell, California · www.aptare.com
fluid Operations AG 2018-03-27 - Add-on Acquisition
Walldorf, Germany · www.fluidops.com
Precise Software Solutions, Inc. 2008-06-17 - Divestiture
Redwood Shores, California · www.precise.com
Precise Software Solutions, Inc. 2003-06-30 609M USD Add-on Acquisition
Redwood Shores, California · www.precise.com
The Kernel Group 2002-01-08 - Add-on Acquisition
Austin, Texas
TeleBackup Systems, Inc. 1999-06-01 90M CAD Add-on Acquisition
Calgary, Alberta
Openvision Technologies 1997-04-25 - Add-on Acquisition
Pleasanton, California
Advanced Computing Systems Corp. (ASCS) 1996-03-28 6M USD Add-on Acquisition
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 8 (100%) 704M (100%) 1 (100%) -
Total 8 $704M 1 -

By Geo

State/Country Buy Value Sell Value
United States 6 615M 1 -
  California 4 609M 1 -
  Texas 1 - - -
Canada 1 90M - -
  Alberta 1 90M - -
Germany 1 - - -
Domestic 6 (75%) 615M (87%) 1 (100%) -
Cross-border 2 (25%) 90M (13%) - -
Total 8 $704M 1 -

Deal Values

buy # Total
$100M to $1B 1 $609M
< $100M 2 $95M
TOTAL $704M
Largest Precise Software Solutions, Inc.
$609M (2003-06-30)

M&A Connections

Deals
Acquired from
Investor(s)
13%
1 (13%)
Divested to
Investor(s)
100%
1 (100%)

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