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Acronis makes strategic acquisition to strengthen security portfolio

posted onDecember 10, 2019
by l33tdawg
Security Brief
Credit: Security Brief

Acronis has made another acquisition to bolster its security portfolio. The company announced the purchase of 5nine, a global provider of Microsoft Hyper-V and Azure cloud management and security solutions.

Under the terms of the acquisition, 5nine will become a wholly owned subsidiary under Acronis. Acronis will integrate 5nine’s technology into the Acronis Cyber Platform, making new services available through the Acronis Cyber Cloud Solutions portal.

5nine offers end-to-end cloud solutions for Hyper-V and an agentless, multilayered security solution for Hyper-V and Azure. 5nine’s solutions will enable managed service providers (MSPs) and IT organisations to simplify cloud service orchestration, create new business, and manage their customers’ needs. Together with 5nine, Acronis will offer customers and partners an easier way to migrate workloads from their physical or virtual infrastructure to Acronis Cyber Infrastructure, Microsoft Azure or both.

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