Cloud data backup firm Datto is being taken private by Kaseya, which manages cybersecurity, networking and other computing functions for hundreds of small and medium-sized companies, in an all-cash acquisition worth $6.2 billion. Insight Partners, the private equity firm that owns Kaseya, is leading a group of investors that are paying $35.50 a share for Datto, which is best known as the...
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Musk Puts $20 Billion Value on Twitter

Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
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