Insight Partners to buy Veeam for US$5 billion

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Insight Partners to buy Veeam for US$5 billion

Private equity firm bets on the fast-growing backup player.

US private equity firm Insight Partners said on Thursday it was buying Swiss data management company Veeam Software, in a US$5 billion (A$7.29 billion) bet on the fastest-growing player in the market for backing up critical information on remote servers. The acquisition of Veeam, which is based ...

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