Data resilience company Veeam is stepping up its AI-era data strategy with a major acquisition. The Kirkland, Washington-based firm announced it has signed a $1.725 billion cash-and-stock deal to acquire Securiti AI, a company known for giving enterprises a unified command center for managing data securely.
The deal, first reported by Bloomberg, is expected to close in the first week of December. Upon completion, Securiti founder Rehan Jalil will join Veeam as president of security and AI, and Securiti’s product will be integrated with Veeam’s existing data resilience offerings.
Veeam CEO Anand Eswaran emphasized the company’s vision: “It’s no longer just about protecting data from cyber threats, it’s about ensuring data is trusted, governed, and ready to power AI transparently.”
The move follows Veeam’s $2 billion secondary sale in late 2024, which valued the company at $15 billion, and aligns with its plan to pursue acquisitions that enhance its core data resilience business.
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The deal reflects an ongoing wave of consolidation in the data sector, as companies like Databricks and Salesforce have also made billion-dollar acquisitions to strengthen their data stacks for AI adoption.
Industry analysts expect this trend to continue as enterprises seek unified, AI-ready data systems to reduce fragmentation and complexity in their infrastructure.
