Singapore-headquartered cybersecurity firm Acronis has acquired 5nine, a global provider of Microsoft Hyper-V and Azure cloud management and security solutions, for an undisclosed sum.
Following the deal, 5nine will become a wholly-owned subsidiary of Acronis, per a company statement. Acronis will integrate 5nine’s technology into the Acronis Cyber Platform.
Founded in 2009, 5nine helps manage and secure workloads across the Microsoft Cloud – public, private or hybrid. Its software is designed to reduce costs, increase productivity, and mitigate security risks.
Acronis provides cyber protection, catering to areas such as safety, accessibility, privacy, authenticity, and security (SAPAS).
“By adding 5nine’s solutions to our portfolio of cyber protection products and services, we’re giving our partners and customers an easy way to adopt the Microsoft hybrid cloud platform,” said Acronis founder and CEO Serguei “SB” Beloussov.
Founded in Singapore in 2003, the company claims that it has 5 million consumers and 500,000 businesses worldwide.