Veeam® Software has announced that it has acquired N2WS, a leading provider of cloud-native enterprise back-up and disaster recovery for Amazon Web Services (AWS), in a deal worth $42.5M.
N2WS is a leader in IaaS data protection, providing a cloud-native back-up solution specifically designed for AWS workloads, enabling organisations to back up data and applications as often as needed and recover them in seconds.
N2WS grew revenues by 102% in 2017. The acquisition strengthens Veeam as a leading provider of availability for any app, any data, across any cloud and its ability to protect AWS deployments.
N2WS will operate as a standalone company, keeping its brand name and becoming ‘A Veeam Company.’
“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’s leadership in AWS data protection, we have a strong solution to deliver on the needs of the digital enterprise.
“N2WS has experienced incredible growth in the last 12 months and it will continue to operate as a standalone business to best position the company to provide AWS data protection – the same way Veeam transformed protection for VMware environments a decade ago. This is a game-changer in every sense.”
