January 09 - 14:01
Insight Partners to pay $5 billion for Veeam
Veeam Software is to be acquired by Insight Partners for $5 billion. Veeam supports the biggest public cloud providers with application support and data management. It will now focus on conquering the growing hybrid cloud market. The Swiss firm will move to the United States once the purchase is complete but its co-founders will transition out of the business within the next two years.
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