fbpx
Techitup Middle East
Editors Pick

EQT to Acquire WSO2 

WSO2, the company excelling in digital transformation technology, announced today that it has signed a definitive agreement to be acquired by EQT

Since its inception in 2005, WSO2 has been at the forefront of building innovative software that allows organizations to seamlessly deliver digital experiences. Today, WSO2’s platform offers a complete set of market leading solutions across integration, API management, identity & access management (IAM) and application development. Thousands of organizations, including hundreds of the world’s largest corporations, top universities, and governments, rely on WSO2’s cloud native software as a service (SaaS) and open-source offerings to drive their digital initiatives — executing 60 trillion transactions and managing over 1 billion identities each year.  

With EQT as its new partner, WSO2 reaffirms its commitment to delivering innovative solutions that address the evolving needs of modern businesses. 

EQT is a purpose-driven global investment organization with EUR 242 billion in total assets under management and the third largest private equity firm globally. Founded three decades ago by the Swedish Wallenberg family, today EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership. EQT’s extensive global portfolio of enterprise software companies includes firms such as IFS, SUSE, thinkproject, and more.  

The transaction is subject to customary conditions and approvals. J.P. Morgan served as exclusive financial advisor to WSO2. 

Related posts

SentinelOne Positioned as a Leader in the Gartner Magic Quadrant for Endpoint Protection Platforms

Editor

Infobip Appoints Yariv Dafna as Chief Financial Officer

Editor

Are Social Issues “Urgent” Concerns for Companies?

Editor

Leave a Comment