View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
January 16, 2018

Veeam spends $43m to boost AWS backup & data recovery

Veeam will utilise N2WS' integrate data protection knowledge on AWS workloads for its Availability Platform.

By Sabrina Dougall

Veeam has struck a takeover deal to boost its cloud-centred enterprise availability for AWS workloads. Veeam shook hands on a $42.5m all-cash buyout of N2WS, an Iaas data protection firm specialising in disaster recovery solutions with Amazon cloud.

As part of the deal, N2WS will continue to exist as a standalone organisation with its main offices in Edinburgh, UK as well as premises in Florida, US and Haifa, Israel. Jason Judge will stay as CEO of the business and all teams are to stay intact. Cloud-native enterprise backup specialists at N2WS are poised to strengthen Veeam’s ability to protect AWS deployments for business.AWS

Iaas is the fastest-growing cloud segment, with the market set to hit $88bn by 2022. Big hitter AWS leads the sector, standing astride 44.2% of the market, according to the latest figures from Gartner. Companies across the board are demanding improved data protection guarantees to reduce costly downtime.

“As enterprises look to migrate more workloads to the public cloud, having a robust and intuitive data protection and Availability solution is imperative,” said Peter McKay, Co-CEO and President at Veeam.

“By combining Veeam’s industry-leading capabilities in protecting virtual, physical and cloud environments with N2WS’ leadership in AWS data protection, we have a strong solution to deliver on the needs of the digital enterprise.

BT service connects customers to IBM Cloud
Availability: why it must be a vital tool for any CSP
IBM breaks patent record with AI, cloud & blockchain innovations

The collaboration, which will see N2WS keep its trading name and adopt the label “A Veeam Company”, will enable Veeam to utilise the junior firm’s integrated data protection R&D on AWS workloads for its Availability Platform. In turn, N2WS will tap Veeam for its expertise in data protection for virtual and physical environments.

Jason Judge, CEO at N2WS said: “We will further accelerate our rapid growth and the development of our top-rated solutions by leveraging the world-class team that Veeam has established. We also look forward to assisting Veeam customers explore their public cloud strategies with our years of innovation in public cloud storage.”

Content from our partners
Why the tech sector must embrace faster, smarter talent recruitment
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate
What to look for in a modern ERP system

Existing Veeam customers can expect a package of incentives for Cloud Protection Manager (CPM) from N2WS.

Topics in this article : , , ,
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU