Veeam has announced its acquisition of data security firm Securiti AI for $1.725 billion in a cash and stock transaction. This strategic move aims to bolster Veeam's capabilities in data control and security for AI applications. The acquisition is set to be finalized by early December, integrating Securiti's Data Command Center into Veeam's offerings. As part of the deal, Securiti's founder, Rehan Jalil, will join Veeam as President of Security and AI. This acquisition highlights the trend of industry consolidation, with major companies seeking comprehensive data solutions to facilitate AI adoption.