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A private equity firm explains why it's spending $5 billion to acquire Veeam, a cloud software startup last valued at $1 billion

Business Insider Monday, 13 January 2020 ()
A private equity firm explains why it's spending $5 billion to acquire Veeam, a cloud software startup last valued at $1 billion· Private equity and investment firm Insight Partners is set to acquire data-management startup Veeam Software for $5 billion, one of its largest deal to date. 
· Insight Managing Director Michael Triplett cited Veeam's rapid sales and customer growth as a major factor in the decision to invest, telling Business Insider that...
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