Deal snapshot: Kaseya Closes USD 6.2bn Acquisition of Cybersecurity and Data Backup Firm Datto.

MANews-(C)2009-2022

US-based unified IT and security management software provider Kaseya, serving managed service providers and mid-market enterprises, has completed its acquisition of US-based cybersecurity and data backup firm Datto for USD 6.2bn, representing a share price of USD 35.50, the company said.

With the completion of the transaction, Datto's stock ceased trading and the company is no...

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