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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