The Latest Breaking News from Datto Holding Corp

Kaseya agreed to acquire Datto Holding Corp (NYSE:MSP) for $35.50 per share in an all-cash transaction that valued Datto at $6.2 billion. The offer represented a 52% premium to Datto's unaffected stock price on March 16. An equity consortium led by Insight Partners, with significant investment from TPG Capital and Temasek and participation…

Software maker Datto Holding Corp (NYSE:MSP) weighed strategic options, including a potential sale after receiving takeover interest from PE firms, Bloomberg reports. Customers of Datto include small to midsize companies that buy its software for security, data recovery, and cloud backup.  Vista Equity Partners owned 69% of Datto’s shares as of December 31.…