Security firm Acronis has acquired 5nine, a global provider of Microsoft Hyper-V and Azure cloud management and security solutions.
The deal sees 5nine become a wholly owned subsidiary of Acronis.
5nine’s solutions are designed to enable MSPs and IT organisations to simplify cloud service orchestration, create new business, and manage their customers’ needs.
Acronis plans to invest in and develop 5nine’s Cloud Management, Cloud Migration and Security Platform.
It will integrate 5nine’s technology into the Acronis Cyber Platform, making new services available through the Cyber Cloud Solutions portal.
“By combining with Acronis we will be able to accelerate product innovation, expand our distribution channel and leverage our existing technology to meet customer requirements,” said Karen Armor, Chief Executive Officer at 5nine.
“With the knowledge gained from almost a decade of experience managing and protecting Microsoft virtual machines on behalf of our customers, we are certain that this acquisition will drive cloud adoption and ensure secure and reliable cloud infrastructure deployments worldwide.”
Acronis sees the value in offering 5nine’s services to its community of 50,000 partners in the IT channel, enabling MSPs and cloud service providers to better manage their hybrid infrastructure workloads.