Cloud Software Group to Acquire Arctera
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Cloud Software Group to Acquire Arctera
Cloud Software Group has agreed to acquire Arctera, a data management company, from funds affiliated with Carlyle, the global investment firm. Terms of the transaction, which is expected to close during the fourth quarter of 2025, were not disclosed. Arctera will operate as a standalone business unit within Cloud Software Group upon closing, the company said. Arctera spun off from Veritas Technologies in 2024 and offers data resilience, complian…
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