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 -

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 "it would be difficult to find another software company that's accomplished all that in 12 years."

As a part of the deal, the startup will now shift its headquarters from...

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