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HomeStartup NewsSweden-based EQT to acquired WSO2

Sweden-based EQT to acquired WSO2

Sweden-based EQT ,a global investment organization to acquired Canada-based WSO2 ,the leader in digital transformation technology.

Sweden-based EQT ,a global investment organization to acquired Canada-based WSO2 ,the leader in digital transformation technology.

Dr. Sanjiva Weerawarana, CEO and Founder of WSO2 said, “We are thrilled to partner with EQT as we embark on the next phase of WSO2’s journey, With EQT’s support and expertise, we are well-positioned to accelerate our innovation agenda, expand our global footprint, and continue empowering enterprises to thrive in the digital economy.”

Since its inception in 2005, it 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 it’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.

Read also – [Funding News] Fl-based Palm Beach Capital (PBC) Secures its Sixth Fund, at over $350Million

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

Hari Gopalakrishnan, Partner in the EQT Private Capital Asia advisory team, said: “We’re excited to partner with WSO2 as it helps customers across industries drive their digital transformation and enhance operational resilience. We believe that WSO2 is well-positioned to capitalize on long-term trends such as digital transformation and rising generative AI adoption and are confident of drawing on EQT’s proven software value creation playbook to further accelerate WSO2’s strong growth.”

It have 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.

About WSO2

Founded in 2005, WSO2 is the largest independent software vendor providing open-source API management, integration, and identity and access management (IAM) products. WSO2’s products and platforms—including our next-gen internal developer platform, Choreo—empower organizations to leverage the full potential of APIs for secure delivery of digital services and applications, enabling thousands of enterprises in over 90 countries globally to drive their digital transformation journeys.

About EQT

EQT is a purpose-driven global investment organization with EUR 242 billion in total assets under management (EUR 132 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. 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.

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