In 2020, Veeam appointed Bill Largent, prior Chairman of the Board, as CEO and Chairman.
VEEAM BACKUP REPLICATION SOFTWARE
has placed Veeam Software in the 2020 Magic Quadrant for Data Center Backup and Recovery Solutions Leaders. On 22 July 2020, It has been reported that Gartner, Inc. On January 9, 2020, Insight Partners announced that they would purchase Veeam in a $5 billion deal and move the company to the US.
In late 2018, Andrei Baronov was promoted to CEO. In 2017, Peter McKay and Andrei Baronov were promoted to the company's Co-CEO roles. McKay, prior Senior Vice President and General Manager, Americas with VMware, as President/COO. In 2014, Veeam held its first conference on data protection and availability called "VeeamON," which took place in Las Vegas, Nevada.
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Veeam gained attention in 2007 with its free VM backup copy product, FastSCP, which became a basis for building Veeam's data-protection software for hardware virtualization. Later, in 2010, the company combined both products to form Veeam ONE. The first Veeam products, Veeam Monitor and Veeam Reporter, provided virtual-infrastructure monitoring, reporting, analysis and documentation.
In June 2016, Dell announced the sale of its software division, which included Quest, to Francisco Partners and Elliott Management Corporation. Timashev and Baronov had sold their previous IT management software company, Aelita Software Corporation, to Quest Software in 2004 Dell subsequently acquired Quest Software in 2012. Ratmir Timashev and Andrei Baronov founded Veeam in 2006.
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