Leading software investor insight partners has entered into a definitive agreement to acquire veeam software, the backup and cloud data management solutions vendor, for. New york, jan 9, 2020 leading software investor insight partners announced today that it has entered into a definitive agreement to acquire veeam software, the leader in. A new uk office, also in reading, opened in july 2016. Veeam ceo role has room for two as company seeks growth. The company offers storage, back up, monitoring, capacity planning, and chargeback solutions. I have been working at veeam software fulltime for more than a year.
Veeam software corp company profile and news bloomberg. Insight partners announced today that it has entered into a definitive agreement to acquire veeam software, the leader in backup solutions that deliver cloud data management. Largent, ceo and chairman of the board of veeam software stated that over the past few weeks, veeam has been monitoring updates from global health organizations about the covid19 pandemic. Bill largent president tribal resource group linkedin. Largent, ceo and chairman of the board of veeam software stated that over the past few weeks, veeam has been monitoring updates from global health.
The company offers storage, back up, monitoring, capacity planning, and. Insight partners acquires veeam software for approximately. William largent, formerly an executive vice president, returned to the role of ceo today, replacing baronov. That means hes intimately familiar with all of veeam s daytoday functions, focus areas and key team members. Coceo peter mckay leaving veeam in executive restructuring. Largent ceo and chairman of the board an experienced executive with more than 30 years in operations and leadership roles with growth companies, william largent was veeam s executive vice president evp, operations and a board member prior to becoming ceo and chairman of the board. Veeam executives expect the deal to close in march. Since the company started in 2006, we have always been at the cutting edge of innovation and have been disrupting status quo thinking, asserts william h. Veeam software coceo and president peter mckay is leaving the company amid a broad shakeup of the fastgrowing firms executive team mckay was at veeam for a little. See veeams revenue, employees, and funding info on owler, the worlds largest communitybased business insights platform. Bill largent will be named ceo and chairman of the board. Jan 09, 2020 new veeam ceo william h largent to be clear. Acquisition to accelerate expansion while continuing to. V eeam software remains tightlipped about how its acquisition by usbased venture capital and private equity firm insight.
The moves come 11 months after largent replaced veeams other founder, ratmir timashev, as ceo, and former vmware executive mckay joined the company as coopresident. View bill largents profile on linkedin, the worlds largest professional community. Jan 09, 2020 william largent, formerly an executive vice president, returned to the role of ceo today, replacing baronov. Veeam software, develops innovative products for virtual infrastructure management and data protection. See who you know at veeam software, leverage your professional network, and get hired. Veeams strong growth, coupled with high customer retention, unparalleled data management solutions and the opportunities to expand services into new markets, make veeam one of the most exciting software companies in the world today, insight partners managing director and veeam board member mike triplett said. The former executive vice president of operations at veeam, william largent, has been promoted to ceo as part of the agreement. Largent has been with veeam software since its founding in 2006, and held the ceo role from 2016 to 2017 before moving into another management position. Jun 28, 2016 about veeam software veeam recognizes the new challenges companies across the globe face in enabling the alwayson enterprise, a business that must operate 24. Jan 09, 2020 veeams strong growth, coupled with high customer retention, unparalleled data management solutions and the opportunities to expand services into new markets, make veeam one of the most exciting software companies in the world today, insight partners managing director and veeam board member mike triplett said. Insight partners to acquire swiss cloud data management.
William h largent, ceo and chairman of the board at veeam software. Perhaps most importantly, largent is a 12year veteran of veeam. Timashev, a former veeam ceo, will leave his executive vice. Veeam competitors, revenue and employees owler company profile. Veeams uk united kingdom headquarters office is located in reading, berkshire. I have been working at veeam software fulltime for more than. Jun 29, 2016 veeam software, a provider of solutions that deliver availability for the alwayson enterprise, has appointed peter mckay, most recently senior vicepresident and general manager, americas with. Facebook gives people the power to share and makes the. Jan 09, 2020 veeam has enjoyed rapid global growth over the last decade and we see tremendous opportunity for future growth, particularly in the u. Today, more than ever, community comes first at the beginning of this year, leading software investor insight partners announced that it magda purice posted on april 30, 2020 0. The name veeam came from the phonetic pronunciation of the letters vm virtual. Timashev, a former veeam ceo, will leave his executive vice president position. By delivering availability for the alwayson enterprise, the firm enables customers to mitigate risks, save time, and considerably reduce the capital and. The companys headquarters are in baar, switzerland.
We have always put the veeam community first and foremost in everything that we do, and in the current environment, it. Software investor insight partners has announced that it has entered into a definitive agreement to acquire veeam software, a player in backup. Largent has been promoted to chief executive officer of veeam software he previously held the role of executive vice president, operations and. And the company already has a massive, growing, successful u. Mckay, most recently svp and gm, americas with vmware, as its president and coo and promoted william h. Coceo peter mckay leaving veeam in executive restructuring crn. Customers can reduce costs, minimize risks, and fully realize the promise of virtualization with veeam. Veeam competitors, revenue and employees owler company. Veeam software is a privately held information technology company that develops backup, disaster recovery and intelligent data management software for virtual. Under insight partners, veeam will become a us corporation and william h. Veeam software s key executives are william largent, gil vega and chuck garner. As part of the acquisition, veeam softwares executive vice president, william h largent, has been promoted to ceo. When was veeam software founded veeam software was founded in 2006 who are veeam software key executives. Bill largent ceo, veeam software, replacing cofounder ratmir.
Software investor insight partners has announced that it has entered into a definitive agreement to acquire veeam software, a player in backup solutions that deliver cloud data management. The moves come 11 months after largent replaced veeams. Software investor insight partners announced that it has entered into a definitive agreement to acquire veeam software, the leader in backup solutions that deliver cloud data management. Veeam has enjoyed rapid global growth over the last decade and we see tremendous opportunity for future growth, particularly in the u. Bill largent is chief executive officer at veeam software. Mar 30, 2017 a 10year veeam vet and evp william largent became veeam ceo in 2016, replacing timashev, who currently has no operational role on veeams leadership web page. William also worked with other members of the veeam executive team at aelita software where he was chief operating and financial officer. Jan 17, 2020 william h largent, ceo and chairman of the board at veeam software.
The new office is home to veeams uk field sales, presales, marketing and the uk hr and recruitment teams, as well as several corporate marketing, training and communications team members. Join facebook to connect with bill largent and others you may know. V eeam software remains tightlipped about how its acquisition by usbased venture capital and. He also worked with veeams founders at aelita software, which they sold to quest software in 2004. Veeam is an international software company headquartered in the united states of america. Today, more than ever, community comes first at the beginning of this year, leading software investor insight partners announced that it magda. Veeam software corporation serves customers in the united states. Bill largent ceo, veeam software, replacing cofounder. An experienced executive with more than 30 years in operations and leadership roles with growth companies, william largent is veeam s executive vice president evp, operations and is responsible for the companys overall business operations, finance, human resources and planning organizations. Jan 09, 2020 veeam software, based in baar, switzerland. Veeam cofounders and directors, ratmir timashev and andrei baronov, will remain strategic to the company, playing active roles focusing on market strategy and. With the acquisition, we are excited that our current u. He most recently was vp of operations at the data protection company. Oct 30, 2018 veeam software coceo and president peter mckay is leaving the company amid a broad shakeup of the fastgrowing firms executive team mckay was at veeam for a little over three years and had.
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