Global  

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...
0
shares
ShareTweetSavePostSend
 
Video Credit: Wochit Business - Published
News video: Corporate Shuffle: McAfee Hires New CEO

Corporate Shuffle: McAfee Hires New CEO 00:34

Cyber security firm McAfee LLC has hired Peter Leav as its new CEO. Reuters reports Leav is the former CEO of BMC Software. He replaces Chris Young, who created McAfee in its current form by carving it out of Intel Corp four years ago. Young will become a senior advisor at buyout firm TPG. TPG...

You Might Like


Related videos from verified sources

Sir Martin Sorrell to Ad Holding Companies: Go Private or Break-up [Video]

Sir Martin Sorrell to Ad Holding Companies: Go Private or Break-up

LAS VEGAS -- He created and, for years, ran the world's largest ad agency holding group, WPP. After he left in 2018 and formed his own, much smaller vehicle, S4 Capital, how does Sir Martin Sorrell..

Credit: BeetTV - Affiliate     Duration: 06:22Published

Related news from verified sources

Insight Partners to buy cloud data firm Veeam in $5 billion deal

U.S. private equity firm Insight Partners said on Thursday it was buying Swiss data management company Veeam Software, in a $5 billion bet on the fastest-growing...
Reuters India

KC firm makes big investment in South African tech company

A Kansas City-based private equity and venture capital firm has made a sizable investment in a South African tech company.  Five Elms Capital invested $30...
bizjournals


Tweets about this