Insight Partners to buy Veeam for US$5 billion

By on
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 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
acquisitions cloud finance insight partners software veeam

Sponsored Whitepapers

10 questions to ask before you select a Network Performance Management tool
10 questions to ask before you select a Network Performance Management tool
Innovate faster. Why accelerating change is a CIO's biggest challenge.
Innovate faster. Why accelerating change is a CIO's biggest challenge.
Unlock faster time-to-revenue using Adobe digital document processes
Unlock faster time-to-revenue using Adobe digital document processes
How Security as Code changes development and deployment for the cloud
How Security as Code changes development and deployment for the cloud
Tackle new ITSM priorities with this seven-step Micro Focus guide
Tackle new ITSM priorities with this seven-step Micro Focus guide

Events

Most Read Articles

AWS cautions gov against rushing in more cyber security regulations

AWS cautions gov against rushing in more cyber security regulations
Telstra 'gamifies' cloud cost reduction efforts among internal teams

Telstra 'gamifies' cloud cost reduction efforts among internal teams
Australia Post trials running post office processes on a smartphone

Australia Post trials running post office processes on a smartphone
CBA to treat its software like "food in the fridge"

CBA to treat its software like "food in the fridge"

Digital Nation

COVER STORY: Data centre sustainability scrutiny puts emissions in the spotlight
COVER STORY: Data centre sustainability scrutiny puts emissions in the spotlight
Next generation of Digital Giants growing faster than the originals: Ray Wang
Next generation of Digital Giants growing faster than the originals: Ray Wang
Digital leaders master collaboration, reskilling and culture: Didier Bonnet
Digital leaders master collaboration, reskilling and culture: Didier Bonnet
HR platform consolidation unlocks the value of data at Aurecon
HR platform consolidation unlocks the value of data at Aurecon
Expect dramatic value chain disruptions every four years: McKinsey Global Institute
Expect dramatic value chain disruptions every four years: McKinsey Global Institute

Log In

Email:
Password:
  |  Forgot your password?