Veeam has announced the acquisition of N2WS, an IaaS startup, whose board includes Veeam co-founder and President Ratmir Timashev, for $42.5mn cash.

The main N2WS product is its Cloud Protection Manager (CPM), launched in November 2013, and it can recover EC2 instances with a single click, using native Amazon snapshots.

Flagship customers include Coca-Cola, Southwest, Cisco, Dyson, Time, Oracle and Harvard University – not a bad list at all.

The firm was founded in 2012 by CTO Uri Wolloch and VP for business development Ohad Kritz.

CEO Jason Judge is based at the US HQ in West Palm Beach, Florida.

The R centre is in Haifa, Israel, and there is a UK office in Edinburgh – somewhat unexpected locations.

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