Acronis Acquires 5nine to Expand Cyber Protection Portfolio.

M2 EQUITYBITES-December 10, 2019-Acronis Acquires 5nine to Expand Cyber Protection Portfolio

(C)2019 M2 COMMUNICATIONS http://www.m2.com

10 December 2019 - Swiss cyber protection company Acronis has acquired Florida, US-based Microsoft Hyper-V and Azure cloud management and security solutions provider 5nine, the company said.

Terms of the transaction were not disclosed.

As part of the agreement, 5nine will become a wholly-owned subsidiary of Acronis.

Acronis will integrate 5nine's technology into the Acronis Cyber Platform, making new services available through the Acronis Cyber Cloud Solutions portal.

5nine's solutions will enable managed service providers and IT organisations to simplify cloud service orchestration, create new business, and manage their customers' needs.

Acronis offers cyber protection to provide safety...

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