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Mon 7 Oct 2019 09:33 AM

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Cyber firm Acronis eyes Midde East expansion

After a $147 million funding round by Goldman Sachs, Acronis plans to expand operations in the Middle East, Singapore, Bulgaria and Arizona

Cyber firm Acronis eyes Midde East expansion
Acronis will be showcasing its cyber protection capabilities at this year’s Gitex Technology Week in Dubai.

Global cyber protection firm Acronis plans to expand in the Middle East and a number of international markets after it was awarded unicorn status by Goldman Sachs, the company has announced.

After a $147 million funding round by Goldman Sachs, Acronis plans to expand operations in the Middle East, Singapore, Bulgaria and Arizona, as well as build additional data centres and make strategic acquisitions.

Acronis will be showcasing its cyber protection capabilities at this year’s Gitex Technology Week in Dubai.

In 2018, a total of 248 companies and government departments well victim to cyber-attacks.

“Our recently acquired Unicorn status firmly puts us in a better position to offer cutting-edge cyber protection solutions to our customers regardless of where they are,” said Islam Shaker, Acronis regional account manager.

“Our main focus at GITEX will be to ignite a serious conversation of how businesses operating in the region need to stay protected from the growing threat of ransomware attacks,” he added.

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