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Killexams : Veritas Administration test - BingNews https://killexams.com/pass4sure/exam-detail/VCS-316 Search results Killexams : Veritas Administration test - BingNews https://killexams.com/pass4sure/exam-detail/VCS-316 https://killexams.com/exam_list/Veritas Killexams : Veritas to acquire CAES Space Systems

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Fri, 14 Oct 2022 00:44:00 -0500 Iris Dorbian en-US text/html https://www.pehub.com/veritas-to-acquire-caes-space-systems/
Killexams : Private equity firm Veritas amasses $10.7 bln for flagship fund

Veritas Capital said Wednesday it drew in $10.65 billion in commitments for Veritas Capital Fund VIII, its latest flagship fund. The pool was “significantly oversubscribed” with demand exceeding its hard cap and initial target of $8.5 billion, the firm said. The flagship fund comes three years after Veritas Capital Fund VII closed with $6.5 billion in commitments. Veritas CEO and managing partner Ramzi Musallam said the firm plans to pursue “a growing set of opportunities” in healthcare, education, and national security.” Past investments by Veritas include Houghton Mifflin Harcourt Company, Coronis Health, Grant Thornton Public Sector, and Chromalloy.

Wed, 12 Oct 2022 14:54:00 -0500 en-US text/html https://www.marketwatch.com/story/private-equity-firm-veritas-amasses-10-7-bln-for-flagship-fund-01665575313
Killexams : Run Containers with Confidence: Powered by Veritas

Are you currently running applications in containers? Are you looking at containers as a new way to develop and run your IT services? A common challenge is finding a reliable way to provide the enterprise storage and data protection your applications need in a Kubernetes environment. 

At KubeCon + CloudNativeCon North America 2021, Veritas talked about our new solution for Kubernetes that provides persistent enterprise storage and data protection for applications running in containers.  Here’s a quick recap.

Veritas Storage and Data Protection for Kubernetes 

Veritas provides an API-driven approach to storage and data protection designed to integrate seamlessly with Kubernetes to help make your environment ‘production ready.’ We deliver key functionality that lays the foundation for running your enterprise applications in production Kubernetes environments.  What exactly does Veritas deliver?  

  • Enterprise data protection – NetBackup gives you the ability to protect Kubernetes environments with quick and intuitive data protection for all application components in a Kubernetes namespace. NetBackup also provides application mobility by offering flexible recovery to different Kubernetes clusters and distributions – both on-premises and in the cloud! 

  • Advanced storage management – InfoScale Kubernetes Edition is deployed as a containerized application, and it provides high-performance, persistent storage for your Kubernetes clusters with integrated migration and DR capability! InfoScale works with nearly any traditional SAN and can also be configured using direct attached storage with an advanced feature called Flexible Storage Sharing (FSS), reducing your costs and operational complexity while improving your application performance!

Figure 1 will give you a detailed view of how Veritas delivers persistent storage and data protection for containerized applications in a Kubernetes environment.     

    Figure 1. Veritas enterprise storage and data management for Kubernetes environments

Key takeaways from last year’s event

We had several interesting conversations last year that provided invaluable insight into how organizations use containers and what kinds of things they want to do and see in the future.  There were a few key areas of focus that stood out for us:

  • Resiliency most solutions out there don’t adequately ensure that applications running in Kubernetes clusters are resilient in the event of system failures.
  • Flexibility – we had several conversations with users around maintaining flexibility and avoiding platform lock-in given the increasing number of solutions and vendors focused on Kubernetes.
  • Simplicity something that came up often: solutions in the Kubernetes space can be complex and need to be easier to use and manage.

Based on what we heard last year, we prioritized our development to focus on functionality that organizations need. We’ve delivered several releases for each focus area – and there’s a lot more yet to come!

What’s new with Veritas for KubeCon 2022?

Given how often we heard that users were looking for advanced resiliency functionality for their Kubernetes environments, we ensured our development strategy focused on exactly that. Here’s the high-level view of what we’re doing from a resiliency perspective:

                              Figure 2. Veritas provides a full spectrum of resiliency for Kubernetes

Veritas released several new and interesting features in the past year based on direct feedback and discussions we had at KubeCon last year:

  • Resiliency focus – InfoScale 8.0.100 adds a much-anticipated DR manager to the overall persistent storage solution. With InfoScale, you can now easily provide resiliency for an entire Kubernetes cluster with real-time replication that enables workload migrations and/or failovers with a near-zero RPO/RTO.
  • Platform support – NetBackup 10 can now provide advanced data protection for several more Kubernetes distributions.  What’s interesting about this? With NetBackup, you can protect your Kubernetes clusters with full recovery granularity (individual resources, volumes, namespaces), and you can recover to either another identical cluster or to a completely different Kubernetes distribution – including cloud Kubernetes services.
  • Simplicity – in our latest releases, both InfoScale and NetBackup have become easier to use with a simplified deployment experience and integration with leading Kubernetes platforms like Red Hat OpenShift, which provides an intuitive and streamlined user experience to help make running containers easy.

All this only scratches the surface. Both InfoScale and NetBackup have several very interesting and innovative features currently in development – and these features will be available well before you head off to KubeCon in 2023!   

Summary

Veritas provides industry-leading data management technology that gives you the functionality you need to run your enterprise applications in containers. With storage management and data protection designed for Kubernetes, our goal is to provide users with an advanced software-defined, flexible, and enterprise-grade foundation that lets you confidently run your containerized applications.

For more information on the Veritas solution for containers, check out this solution paper. You can also check out our Kubernetes solution page.

Tue, 11 Oct 2022 12:00:00 -0500 en-US text/html https://www.veritas.com/blogs/run-containers-with-confidence-powered-by-veritas
Killexams : Veritas Capital closes eighth buyout fund at $10.7 billion

Veritas Capital closed its eighth flagship fund, Veritas Capital Fund VIII, at $10.7 billion.

The buyout fund was "significantly oversubscribed," as demand exceeded its hard cap and initial target of $8.5 billion, Veritas said in a Wednesday release.

The fund received commitments from a "combination of new and existing investors from across the globe, including leading institutions, endowments and foundations, family offices, and pension plans," the release noted.

Investors in Fund VIII include the $7.2 billion Philadelphia Public Employees Retirement System; the $100.4 billion Oregon Public Employees Retirement Fund, Salem; the $24 billion Montana Board of Investments, Helena; the $43.1 billion Pennsylvania State Employees' Retirement System, Harrisburg; and the $365 million Adams County Retirement Plan, Brighton, Colo.

The prior fund, Veritas Capital Fund VII, closed at $6.5 billion in 2019 and was also significantly oversubscribed, with demand exceeding its hard cap and its initial target of $5 billion, according to a Veritas release dated Oct. 15, 2019.

Veritas Capital has more than $45 billion of assets under management and invests in companies "that provide critical products, software, and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide," the Wednesday release added.

Wed, 12 Oct 2022 05:48:00 -0500 en text/html https://www.pionline.com/private-equity/veritas-capital-closes-eighth-buyout-fund-107-billion
Killexams : Veritas Prime Establishes a Qualtrics Practice to Enable Better Employee Experiences

PORTLAND, Maine, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Veritas Prime, a global professional services firm and leading HR platforms partner, secured a new partnership with Qualtrics XM, the leader and creator of the experience management category, further cementing Veritas Prime as a key player in the HR space. This new practice area allows for optimizing the configuration and utilization of the Qualtrics EmployeeXM solution, working seamlessly with the existing SAP SuccessFactors solution across eight different employee experiences to attract and retain talent, increase productivity and Boost overall engagement. This new offering will enable Veritas Prime's highly skilled and experienced HR consultants to collaborate closely with data and behavioral scientists to capture feedback during the moments that matter for employees, then also analyze and respond to that feedback.

Veritas Prime's Qualtrics practice will expand its offering beyond SAP SuccessFactors, payroll services, and benefits. This partnership will provide Veritas Prime's current and future customers the ability to take their best-in-class HR system - SAP SuccessFactors and design and Boost employee experiences in areas that are critical to their businesses such as recruiting, onboarding, performance, benefits, and employee satisfaction surveys.

"The Qualtrics partnership is critical to our firm's growth and will allow us to diversify our offerings beyond HR systems and payroll. Capturing feedback from stakeholders such as employees and customers is critical in business no matter what industry you are in. When you are then able to pair that feedback data with other key data attributes, it allows you to respond and react strategically," said Nick Begin, Managing Partner at VeritasPrime. 

"Experience data is the currency of the modern workplace, and understanding employees' workplace experiences differentiate great from good companies," said Eric Din, Qualtrics Vice President, Americas & XM Discover ecosystem. "We're excited to partner with Veritas Prime to enable even more organizations to listen to their employees and act on their valuable feedback."

For more information, visit www.veritasprime.com.

About Veritas Prime

Veritas Prime is a professional services consulting firm specializing in Human Experience Management (HXM) technology. Visit Veritas Prime at www.veritasprime.com to learn more. 

Contact Information:
Marketing at Veritas Prime
marketing@veritasprime.com
(866) 962-1818

This content was issued through the press release distribution service at Newswire.com.


© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Thu, 06 Oct 2022 06:00:00 -0500 text/html https://www.benzinga.com/pressreleases/22/10/g29174095/veritas-prime-establishes-a-qualtrics-practice-to-enable-better-employee-experiences
Killexams : Veritas Invests in Cloud-Focused Team for International Region

SINGAPORE, Oct. 14, 2022 /PRNewswire/ -- Veritas, a leader in multi-cloud data management, has announced a significant investment in its go-to-market strategy across its International Region, with the appointment of a new cloud-specialist team focused on Africa, Asia, Europe, Middle East and Pacific. Lead by Mark Shephard, International Cloud Sales Leader, and Paul Hollebon, International Cloud Pre-sales Leader, the team of sales and technical-sales certified will support Veritas' new and existing customers as they look to expand their data management provision across new and complex cloud environments and move to Autonomous Data Management.

Andy Ng (Vice President and Managing Director for Asia South and Pacific Region, Veritas)

The new team will include Vic Ciencia and Abhishek Saxena who will be responsible for driving cloud-based activity for Veritas in the Asia South and Pacific region.

Andy Ng, Vice President and Managing Director for Asia South and Pacific Region at Veritas,  said: "The current hybrid working model has been made possible with the adoption of cloud services and use of cloud collaboration tools. However, businesses are playing catch-up with the post-pandemic work practices to manage the soaring volumes of data created across different cloud storage locations. The additional support provided by the new cloud-specialist team would help our customers and partners across the Asia South and Pacific region to optimise cloud footprint and costs, and keep data safe from threats such as ransomware."

Mark Shephard, International Cloud Sales Leader at Veritas, said: "Organisations everywhere have accelerated their adoption of cloud-based collaboration solutions, doubling down on multi-cloud initiatives to meet immediate business demands. This has paved the way for complex hybrid infrastructures that delivered on accessibility, flexibility and scalability but has introduced governance challenges and ballooning costs as data becomes increasingly siloed across environments. Our new cloud-specialist team is here to help Veritas customers address those challenges with a diversity of insights in addressing data management challenges from edge to core to cloud."

Shephard's own experience is built on 25 years as a leader in the IT sector, driving success at companies such as Zscaler, Symantec and Barclays. His most exact role before joining Veritas was at Amazon Web Services, where he led an international team of 40 to support global customers. A Veritas employee earlier in his career, Shephard returns to the company having augmented his significant data management prowess with ten years of cloud experience.

Paul Hollebon, International Cloud Pre-sales Leader at Veritas, said: "Veritas is committed to the path of freeing our customers from the operational burden of data management. Autonomous Data Management, powered by the cloud, will bring value to existing and new customers looking to complement their internal teams' routines with technology that provides an autonomous approach to data protection, secondary data management and archiving across the multi-cloud data estate. Providing coherent technical guidance aligned to a customer's cloud vision is what this team is here to do."

Hollebon joins Veritas from Commvault, where he led the EMEA Field Advisory Services Team, an international group of certified that provided advanced technical presales support for Commvault's largest and most strategic customers in some 20+ countries.

With 20 years' experience in the IT industry, Hollebon has also led pre-sales and specialist teams at Dell EMC in the Netherlands, enabling a breadth of digital transformation initiatives across data management, virtualisation and infrastructure solutions.

The Veritas cloud-specialist team is in place today and supporting customers and partners across the region.

About Veritas

Veritas Technologies is a leader in multi-cloud data management. Over 80,000 customers—including 95% of the Fortune 100–rely on us to help ensure the protection, recoverability, and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor is able to match Veritas' ability to execute, with support for 800+ data sources, 100+ operating systems, 1,400+ storage targets, and 60+ clouds through a single, unified approach. Powered by our Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value.  Learn more at www.veritas.com. Follow us on Twitter at @veritastechllc.

Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries.

Veritas Logo (PRNewsfoto/Veritas)

SOURCE Veritas Technologies

Thu, 13 Oct 2022 13:04:00 -0500 en-US text/html https://finance.yahoo.com/news/veritas-invests-cloud-focused-team-010000011.html
Killexams : Veritas Capital to acquire space component maker

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Fri, 14 Oct 2022 19:02:00 -0500 en text/html https://washingtontechnology.com/companies/2022/10/veritas-capital-acquire-space-component-maker/378434/
Killexams : Veritas Pushes Into Space Tech Sector With Buy of CAES Unit; Ramzi Musallam Quoted

Veritas Capital has agreed to acquire a CAES division that manufactures radiation-hardened microelectronic products and subsystems intended for space operations.

Financial terms of the deal were not disclosed and the pending acquisition of CAES Space Systems is expected to close in the first quarter of 2023, Veritas said Thursday.

Mike Elias, a senior vice president and general manager for the space division at CAES, will continue to oversee the business upon the deal’s closing.

“We will deploy our significant government technology experience working with Mike Elias and rest of the CAES Space Systems team to accelerate growth and value proposition to customers,” said Ramzi Musallam, CEO and managing partner of Veritas and a seven-time Wash100 Award winner.

Gibson, Dunn & Crutcher acted as the investment firm’s legal adviser on the transaction, while Goldman Sachs and Lazard Freres served as financial advisers to CAES.

Veritas announced the deal after the company raised $10.65 billion in capital commitments for its eighth fund.

Thu, 13 Oct 2022 21:47:00 -0500 en-US text/html https://www.govconwire.com/2022/10/veritas-capital-to-buy-space-systems-division-of-caes/
Killexams : Veritas Capital Closes Eighth Flagship Fund with $10.65 Billion of Commitments

NEW YORK--(BUSINESS WIRE)--Oct 12, 2022--

Veritas Capital (“Veritas”), a leading technology and government investment firm, announced today the successful final close of its latest flagship fund, Veritas Capital Fund VIII (“Fund VIII”) with $10.65 billion of aggregate committed capital. Fund VIII was significantly oversubscribed, with demand exceeding its hard cap and initial target of $8.5 billion. Veritas Capital Fund VII closed on $6.5 billion in commitments in 2019.

Since inception, Veritas has identified and driven the transformation of more than 115 companies that provide critical products and services to government-related and leading commercial customers. Consistent with Veritas’ top-performing predecessor funds, Fund VIII will continue leveraging the firm’s proprietary intellectual property and applying its focused, successful playbook that has been in place over the last 25 years. The heart of the strategy is driving strategic and transformational growth across its portfolio companies, allowing them to target larger addressable markets, expand into adjacent market segments, capitalize on new and compelling business opportunities, and making them more valuable in their ecosystems.

“We are grateful to our global base of investors for their continued confidence, and we appreciate additional support from a number of new partners,” said Ramzi Musallam, Chief Executive Officer and Managing Partner of Veritas Capital. “The successful raise of Fund VIII demonstrates the enduring strength of Veritas’ differentiated team, strategy, and approach, enabling partnerships with technology and technology-enabled companies that provide critical products and services to government and commercial customers throughout the world. We look forward to pursuing a growing set of opportunities and continuing to make a positive impact across critically important areas, including healthcare, education, and national security.”

Fund VIII received commitments from a combination of new and existing investors from across the globe, including leading institutions, endowments and foundations, family offices, and pension plans.

Veritas has a robust track record of acquiring companies with significant growth potential, with notable exact investments including Houghton Mifflin Harcourt Company, Coronis Health, Grant Thornton Public Sector, and Chromalloy. The firm consistently ranks among the top-performing private equity fund managers.

About Veritas Capital

Veritas Capital is a longstanding technology investor with over $45 billion of assets under management and a focus on companies operating at the intersection of technology and government. The firm invests in companies that provide critical products, software, and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means. Leveraging technology to make a positive impact across vitally important areas, such as healthcare, education, and national security, is core to the firm. Veritas is a proud steward of national assets, improving the quality of healthcare while reducing cost, advancing our educational system, and protecting our nation and allies. For more information, visit www.veritascapital.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20221012005399/en/

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SOURCE: Veritas Capital

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Tue, 11 Oct 2022 23:58:00 -0500 en text/html https://www.joplinglobe.com/region/national_business/veritas-capital-closes-eighth-flagship-fund-with-10-65-billion-of-commitments/article_1aaccfba-5785-518c-b44a-59787c7973a9.html
Killexams : Veritas Capital Raises $10.65B for 8th Fund; Ramzi Musallam Quoted

Veritas Capital has raised $10.65 billion in capital commitments for its eighth fund to further support its strategy to invest in technology companies that provide critical services and products to government and commercial customers.

The New York-based government investment firm said Wednesday Fund VIII closed within a year and was oversubscribed, surpassing its initial target and hard cap of $8.5 billion.

Ramzi Musallam, CEO and managing partner of Veritas Capital, said the raise of Fund VIII demonstrates the strength of the firm’s strategy, approach and team to advance partnerships with tech companies that deliver products and services to government and industry clients.

We look forward to pursuing a growing set of opportunities and continuing to make a positive impact across critically important areas, including healthcare, education, and national security,” added Musallam, a seven-time Wash100 awardee.

Veritas said Fund VIII will continue to use the private equity firm’s intellectual property and enable portfolio companies to pursue new business opportunities and expand reach into adjacent market segments.

In 2019, Veritas closed its seventh fund with $6.5 billion in capital commitments.

Wed, 12 Oct 2022 21:49:00 -0500 en-US text/html https://www.govconwire.com/2022/10/veritas-capital-raises-10-65b-for-8th-fund/
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