Source: The Business Journals: Los Angeles Biz

Globanet: Veritas Technologies acquires L.A. software company

Veritas Technologies LLC, a data protection company based in Santa Clara, California, announced Monday that it had acquired Globanet, a 21-year-old Los Angeles-based company that sells software and services for compliance with global regulatory requirements. Veritas, which is owned by the Carlyle Group, didn't disclose the financial terms of the acquisition. The 37-year-old firm said the purchase would extend its existing portfolio of digital compliance and governance offerings, and that Globanet...

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$5.0-25M
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