Announced
Completed
Financials
Tags
cloud infrastructure solutions
Acquisition
data management software
Completed
Switzerland
Software
Private Equity
Private
Friendly
Minority
Single Bidder
Synopsis
Private Equity firm Insight Venture Capital and CPPIB completed an investment of $500m in Veeam Software, an information technology company that develops backup, disaster recovery, and intelligent data management software. “Veeam has unparalleled leadership in terms of technology, vision and go-to-market strategies, which we believe will only further extend its No.1 market position. Insight is thrilled to continue this journey with Veeam’s management,” Michael Triplett, Insight Venture Managing Director.
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