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Veeam’s Ratmir Timashev On Public Cloud Backlash, Office 365 Growth And ‘Aggressive’ Acquisition Strategy

‘Customers think that Microsoft backs up their data. Microsoft does not back up their data. You’re responsible. If the virus gets into your email, Microsoft is not responsible. Office 365 right now is a big market for us,’ says Veeam co-founder Ratmir Timashev in an interview with CRN.

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With $500 million now in Veeam’s wallet, how aggressive is your acquisition strategy and what technologies are you looking to acquire?

We will be aggressive. We’re looking at artificial intelligence, data management, containers, KVM, OpenStack, machine learning, data governance—all that stuff. It broadens our backup to data management and takes it from on-premise to multi-cloud. … I think we’ll acquire two, three or four or five companies [in the next year]. It won’t be big companies. We’re not going to buy Commvault. It’s all about innovative technologies. We acquired N2W Software, which is a good example of great innovative technology because they’re a leader in AWS backup. We want a leader like that who is small, but very useful for cloud cost optimization, for example. Or we want to acquire and look at Kubernetes, containers and KVM providers.

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