WSO2, a Sri Lankan open source enterprise software provider, which serves major companies like Samsung and AT&T, agreed to be acquired by EQT for $600 million. The deal emphasizes the importance of equity for employees and spotlights Sanjiva Weerawarana’s key role as a founder amidst challenges, including remaining headquartered in Sri Lanka during turbulent times. The acquisition by EQT, aimed at positioning WSO2 for an IPO, offers new strategic growth opportunities. Additionally, Weerawarana's personal undertakings, like founding the Avinya Foundation and driving for Uber, underscore his commitment to social causes.
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