Veeam Software has acquired N2WS, a provider of cloud-native Enterprise backup and disaster recovery for Amazon Web Services (AWS). N2WS cloud backup solution for AWS workloads allows organizations to back up data and applications whenever they require along with near-instant recovery. Veeam believes that this acquisition will strengthen their position in Availability for any app, any data, across any cloud, and its ability to protect AWS deployments. N2WS (who had a previous strong partnership with Veeam) will operate as a standalone company, keeping its brand name; however, it will be labeled as “A Veeam Company.”
As Veeam continues to venture in the enterprise market, they will combine N2WS’ data protection for AWS public cloud workloads to deliver solutions that enable businesses to run more workloads in the public cloud and benefit from the accompanying cost savings.
In an all-cash deal worth $42.5M, Veeam indicates this acquisition will allow for the following other benefits:
N2WS will continue to operate as an independent company and main offices in West Palm Beach, Florida, USA, Haifa, Israel and Edinburgh, UK will also remain intact. Moreover, Jason Judge will continue to lead N2WS as CEO and all other teams will be untouched.
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