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Veeva Systems
U.S. technology company From Wikipedia, the free encyclopedia
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Veeva Systems Inc. is an American cloud-computing company focused on pharmaceutical and life sciences industry applications. Headquartered in Pleasanton, California, it was founded in 2007 by Peter Gassner and Matt Wallach. It operates with software as a service (SaaS) in the life-science industry.[3]
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Veeva Systems Inc. went public on the New York Stock Exchange in October 2013.[4][5] As of May 5, 2022, it has a market capitalization of US$27.5 billion.[6]
On February 1, 2021, Veeva became a public benefit corporation. This made it the first publicly-traded company to convert to a public benefit corporation.[7]
On December 1, 2022, Veeva announced it would not renew its Salesforce partnership when it expired in September 2025, choosing instead to migrate Veeva CRM onto its own Vault Platform.[8][9] The decision ended a 15+ year collaboration that had given Veeva approximately 80% market share in the life sciences CRM space.[10]
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Acquisitions
In 2015, Veeva acquired Zinc Ahead, a content management software company.[11]
In 2019, Veeva acquired Crossix, a privacy-safe patient data and analytics company.[12] In the same year, it also acquired Physicians World LLC, a pharmaceutical company that provides business process outsourcing services.[13]
In 2021, Veeva acquired Learnaboutgmp LLC, which provides compliance training services for life sciences organizations.[14]
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References
External links
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