Veeam completed the acquisition of Kasten from Insight Partners for $150m.

Veeam, a privately held information technology company, completed the acquisition of Kasten, a provider of Kubernetes Backup and Disaster Recovery, from Insight Partners, a private equity firm, for $150m. "Veeam was built on offering the best data protection for virtual and modern data infrastructures, and we have continued to expand our offerings to include industry-leading protection for physical and cloud environments. With the acquisition of our partner Kasten, we are taking a very important next step to accommodate our customers’ shift to container adoption in order to protect Kubernetes-native workloads on-premises and across multi-cloud environments. This significant milestone strengthens Veeam’s commitment to continue to deliver the industry’s leading Cloud Data Management platform that will support data protection for container-based applications built in Kubernetes environments," Danny Allan, Veeam Chief Technology Officer and Senior Vice President of Product Strategy.