Also it's interesting to notice, again, that these 2 companies belong to the Insight Ventures Partners (IVP) investment portfolio. I wrote a note and a recent post illustrating that something is happening at IVP for data protection:
- This is the second M&A activity this year between 2 IVP's companies, in January Veeam acquired NW2S,
- and IVP globally has stake at Veeam, N2WS, Spanning, OwnBackup, Unitrends and Acronis.
We anticipate some other moves to build a new innovative player especially if things leverage Veeam. It will be interesting to follow closely this story.
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