Hornetsecurity Group Acquires Altaro

January 12, 2021

Hornetsecurity Group, a Germany-based cloud email security provider backed by PSG and Verdane, has agreed to acquire Altaro, a Malta-headquartered developer of backup solutions for Microsoft 365 and virtual machines. The deal expands Hornetsecurity's product suite and international footprint by adding Altaro's Office 365 and VM backup capabilities to create a broader cloud security and compliance platform.

Buyers
Hornetsecurity Group
Targets
Altaro
Platforms
Hornetsecurity Group
Industry
Cloud & SaaS
Location
Malta
Transaction Type
Addon

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