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Microsoft Makes Equity Investment in Veeam
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Microsoft Makes Equity Investment in Veeam
Feb 25, 2025 6:58 AM

09:43 AM EST, 02/25/2025 (MT Newswires) -- Microsoft ( MSFT ) has made an equity investment in software firm Veeam, the latter said Tuesday.

Veeam said the investment is part of the companies' expansion of their partnership to provide artificial intelligence-backed services. The size of the investment was not disclosed.

Under the partnership, Veeam said it will focus on research and development investments, as well as architectural and design collaboration. It also said it will integrate Microsoft AI services including machine learning.

Price: 400.38, Change: -3.62, Percent Change: -0.90

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