Vista-backed Cloud Software Group to acquire Arctera from Carlyle.

Vista-backed Cloud Software Group, a software provider, agreed to acquire Arctera, a global data management company, from Carlyle, an investment firm. Financial terms were not disclosed. "This acquisition marks an exciting milestone for Cloud Software Group and an important step forward in our long-term growth strategy. Looking ahead, we aim to acquire at-scale enterprise-focused software businesses that provide proven mission-critical capabilities and high value to public and private sector customers while also ensuring they are a good fit to operate within our proven Cloud Software Group model," Tom Krause, Cloud Software Group CEO.