Veeam CEO talks IPO, M&A, going virtual for VeeamON 2020

Even ahead of the COVID-19 pandemic and resulting world economic downturn, 2020 was shaping up as a noteworthy calendar year for knowledge safety seller Veeam Program.

Non-public fairness agency Perception Associates acquired Veeam in a multibillion-dollar offer in early January, accelerating the backup vendor’s changeover into Act II of its 14-calendar year lifestyle. From the technological innovation facet, Act II is completion of a go from virtual backup to knowledge management across hybrid clouds. But the Perception offer place Veeam into Act II from a business standpoint. Russian founders Ratmir Timashev and Andrei Baronov — the two CEOs at moments in the course of Veeam’s background — stepped absent from day-to-day management. Veeam began searching to go its headquarters from Switzerland to the United States, and sought to extend its U.S. purchaser base.

With the acquisition, William Largent began his second stint as Veeam CEO. Largent has been with Veeam

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