Cloud Data Centre coming soon for the Indian market
The Indian market is a part of Singapore-headquartered Acronis’s global expansion with at least one cloud data centre to be set up soon and the acquisition of Indian companies related to its cyber protection business.
Acronis International Pte Ltd General Manager for South Asia Rustom Hiramaneck underlined the importance of Indian market when announcing a US$250 million investment received from Luxembourg-Headquartered CVC Capital Partners.
“India is a top-tier country for us this year and a part of the Asia Pacific and Japan which are one of our fastest growing markets.
“We have big plans for the adoption of cyber protection vision in India in the next few years,” he said.
“We are actually planning to launch one of our 111 global cloud data centers in India soon. Given the devastating pandemic situation, there are logistical challenges – but we are aiming to deploy our first DC in India in the next few months,” said Hiramaneck.
Touching on acquiring Indian companies as part of expansion, he said, “absolutely, as long as they help us to broaden and deepen the protection we provide, provide better enablement for Service Provider, cloud distributors and aggregators and automate operations for them. We have acquired five companies in the past 12 months and we are acquiring a few more now in the near future. In fact, we are looking at the whole globe.”
Acronis business is growing rapidly in India. “With the best solution and partner program on the market, we are looking to double our team in India this year, and are focusing on aggressively growing our partner network.”
Acronis established permanent presence in India in 2019.
The US$250 million investment has put the company’s value over US$2.5 billion, up from US$1 billion in 2019, Rustom Hiramaneck, General Manager for South Asia at Acronis International Pte Ltd, said on Tuesday announcing the CVC Capital investment. #investment #markets #technology #cyber #Acronis #acquisition /fiinews.com
