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US$5B acquisition announced for Veeam Software

US$5B acquisition announced for Veeam Software

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  1. This is the best tl;dr I could make, [original](https://www.digiconasia.net/news/us5b-acquisition-announced-for-veeam-software) reduced by 83%. (I’m a bot)
    *****
    > Following an investment from Insight Partners at the beginning of 2019, Veeam had worked alongside Insight Partners' business strategy and ScaleUp division, Insight Onsite, to expand its software-defined Veeam Cloud Data Management Platform.

    > The company launched a number of new innovations over the last year, including Veeam Backup for Amazon Web Services, Veeam Backup for Microsoft Office 365 v4, Veeam Universal License and announcing Veeam Backup for Microsoft Azure-growing its share of the US market and global market.

    > Now, Insight Partners has announced that it has entered into a definitive agreement to acquire Veeam Software.

    *****
    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/enyv7b/us5b_acquisition_announced_for_veeam_software/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~457820 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **Veeam**^#1 **data**^#2 **Insight**^#3 **Partners**^#4 **management**^#5

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