Editor’s note: This article has been update to reflect closure of the deal in December 2025.
Cloud Software Group has agreed to acquire Arctera, a data management company, from funds affiliated with Carlyle, the global investment firm. Terms of the transaction, which formally closed Dec. 1, were not publicized. Arctera will operate as a standalone business unit within Cloud Software Group, the company said.
Arctera spun off from Veritas Technologies in 2024 and offers data resilience, compliance and protection solutions. Cloud Software Group was formed in 2022 after the merger of Citrixx and Tibco.
“We have long admired Arctera’s business and the work that the Arctera and Carlyle teams have done to expand the business,” Tom Krause, CEO of Cloud Software Group, said in a news release.
