Equity firm Insight Partners has signed a definitive agreement to acquire Veeam Software for $5 billion. The deal is expected to close during the first quarter of 2020, subject to regulatory approvals.
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Insight Venture Partners invests $500 million in backup software provider Veeam
Veeam will leverage Insight Venture Partners’ internal business strategy arm, Insight Onsite, and capital to accelerate its expansion through both organic growth and M&A activities.
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