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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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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...

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