Acronis

Acronis is a Swiss technology company that develops data-protection and cybersecurity software for individuals, small and medium-sized businesses, enterprises, and managed service providers. Its portfolio developed from disk-imaging and system-backup software into a broader cyber-protection platform covering backup, disaster recovery, endpoint security, anti-malware, vulnerability assessment, endpoint management, file protection, and cloud workload protection. The company was founded in Singapore in 2003 by Serguei Beloussov as a spin-off from SWsoft, the software company later known as Parallels. Its early flagship product, Acronis True Image, established the brand in disk imaging, personal backup, and system recovery. Acronis incorporated in Switzerland in 2008 and subsequently expanded its geographic presence, research operations, cloud infrastructure, and channel relationships. Its corporate headquarters are in Schaffhausen, Switzerland, while Singapore remains an important part of its corporate and operating history. Acronis has broadened its business through both internal development and acquisitions. Purchases such as GroupLogic, BackupAgent, nScaled, 5nine Software, DeviceLock, and CyberLynx added capabilities in file collaboration, cloud backup, disaster recovery, virtualization, endpoint control, data-loss prevention, and cybersecurity. In 2020, the company introduced Acronis Cyber Protect, an integrated product designed to unite backup and recovery with security and management rather than treating those functions as separate systems. The company serves customers through direct enterprise sales, technology integrations, distributors, and service-provider channels. Acronis Cyber Protect Cloud is particularly important to managed service providers, which can use a shared cloud platform to deliver backup, disaster recovery, endpoint protection, and related services to multiple customers. Acronis states that its ecosystem supports major environments including Microsoft 365, Google Workspace, Amazon Web Services, Microsoft Azure, physical servers, virtual machines, workstations, and cloud workloads. Its commercial model is centered on software subscriptions, cloud services, support, and partner-delivered offerings. Acronis operates cloud data centers and offices across multiple regions, with research and development centers reported in Bulgaria, the United States, Israel, and Singapore. The company has described a network of more than 20,000 service providers serving approximately 750,000 businesses, although those figures are company-reported and can change. Acronis has remained privately held. Goldman Sachs invested $147 million in 2019, and CVC Capital Partners led a $250 million financing round in 2021. In 2025, Swedish private-equity firm EQT agreed to acquire a majority stake, subject to regulatory approvals described in the reference material. Leadership changes around that transaction included Ezequiel Steiner becoming chief executive and later being replaced by Jan-Jaap Jager. The brand’s current positioning emphasizes unified cyber protection: helping organizations prevent attacks, preserve recoverable copies of data, and restore systems when incidents or operational failures occur.

Acronis began in 2003 in Singapore when Serguei Beloussov established the company as a spin-off from SWsoft, later renamed Parallels. The initial business focused on disk imaging, system backup, and recovery. Acronis True Image became the company’s best-known early product, allowing users to create images of systems and restore them after hardware failure, data loss, or software problems. This foundation placed Acronis in the disk-cloning, personal-backup, and disaster-recovery software markets. The company incorporated in Switzerland in 2008 and gradually developed an international operating structure. As enterprise computing moved beyond physical servers toward virtualization, hosted infrastructure, cloud platforms, and distributed endpoints, Acronis expanded beyond traditional backup. Its product strategy came to include business continuity, cloud backup, file synchronization and sharing, disaster recovery, endpoint management, anti-malware, vulnerability protection, and other security functions. Acquisitions supported this expansion. GroupLogic was acquired in 2012, followed by BackupAgent and nScaled in 2014. These transactions strengthened Acronis’s capabilities in file access, cloud backup, and disaster recovery. In 2019, Acronis acquired 5nine Software, adding technology associated with virtualization management and protection. In 2020, it acquired DeviceLock and CyberLynx, broadening its interests in endpoint control, data security, and cyber-risk capabilities. A notable product-development milestone came with Acronis True Image 2017 New Generation. According to Acronis, the release combined personal backup with behavioral anti-ransomware protection through Acronis Active Protection and blockchain-based file notarization through Acronis Notary. The move reflected the company’s view that backup should be connected to active cyber defense rather than used only after an incident. In 2020, Acronis launched Acronis Cyber Protect, bringing backup, disaster recovery, anti-malware, vulnerability assessment, and endpoint-management functions into a more unified platform. The company also developed Acronis Cyber Protect Cloud for managed service providers. This cloud offering enables providers to manage services for multiple customer organizations from a shared environment, supporting recurring subscription and service-provider revenue models. Acronis has continued to support hybrid and cloud environments, including Microsoft 365, Google Workspace, Amazon Web Services, Microsoft Azure, virtual machines, physical servers, workstations, and other workloads. It sells through direct channels and a network of partners, distributors, and managed service providers. The company has reported more than 20,000 service providers and approximately 750,000 protected businesses worldwide, along with cloud data centers and research operations in several regions. Financing has supported the company’s growth while Acronis has remained private. Goldman Sachs invested $147 million in 2019, followed by a $250 million CVC Capital Partners-led round in 2021. In 2025, EQT agreed to acquire a majority stake. The ownership change was accompanied by leadership changes, including the replacement of Ezequiel Steiner by Jan-Jaap Jager as chief executive. Acronis’s current business identity is therefore the result of a progression from disk imaging and backup to a broader integrated cyber-protection platform for enterprises, smaller businesses, consumers, and service providers.

1. 2025EQT becomes majority investor

   EQT agrees to acquire a majority stake in Acronis, subject to the regulatory process described in the source material.

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2. 2025U.S. intelligence exclusion order

   The U.S. Director of National Intelligence orders Acronis products and services excluded from specified Intelligence Community systems.

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3. 2021CVC-led financing round

   CVC Capital Partners leads a $250 million investment round, reportedly raising Acronis’s valuation above $2.5 billion.

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4. 2020Cyber Protect launch and cybersecurity acquisitions

   Acronis launches Cyber Protect and acquires DeviceLock and CyberLynx, reinforcing its combined data-protection and cybersecurity strategy.

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5. 20195nine Software acquisition and Goldman Sachs financing

   Acronis acquires 5nine Software and raises $147 million from Goldman Sachs.

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6. 2017True Image adds active anti-ransomware and notarization features

   Acronis reports that True Image 2017 New Generation introduced behavioral anti-ransomware protection and blockchain-based file notarization.

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7. 2014BackupAgent and nScaled acquisitions

   The company acquires BackupAgent and nScaled, strengthening cloud backup and disaster-recovery capabilities.

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8. 2012GroupLogic acquisition

   Acronis acquires GroupLogic as part of its expansion into file access and collaboration-related technology.

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9. 2008Swiss incorporation

   Acronis incorporates in Switzerland, establishing the corporate foundation associated with its present Swiss headquarters.

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10. 2005Acronis True Image receives PC World recognition

    PC World gives Acronis True Image 8.0 a World Class Award.

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11. 2003Acronis is founded in Singapore

    Serguei Beloussov establishes Acronis as a spin-off from SWsoft, initially focusing on disk imaging, backup, and recovery software.

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An integrated cyber-protection brand that combines backup, disaster recovery, cybersecurity, endpoint management, and cloud services for businesses, enterprises, individuals, and managed service providers.

• Acronis True ImagePersonal backup and disk imaging

  Acronis’s foundational backup product for creating disk images, backing up personal systems, and restoring files or complete computers. Later generations added cloud-oriented backup and security features, including the company’s reported behavioral anti-ransomware protection and blockchain-based file notarization.

• Acronis Cyber ProtectEnterprise cybersecurity and data protection2020

  An integrated platform that combines backup, disaster recovery, anti-malware, vulnerability assessment, and endpoint management. It is designed to protect servers, workstations, virtual machines, and other organizational workloads while providing centralized cyber-protection controls.

• Acronis Cyber Protect CloudManaged service provider cloud platform

  A cloud platform for managed service providers and channel partners. It allows providers to deliver backup, disaster recovery, endpoint security, and related protection services across multiple customer environments using centralized administration and subscription-based service models.

• Acronis Cyber BackupEnterprise backup

  A business backup product line for protecting physical servers, virtual machines, workstations, and cloud workloads. Its purpose is to create recoverable copies and support restoration after accidental deletion, hardware failure, cyberattack, or other operational disruption.

• Acronis Cyber Disaster Recovery CloudCloud disaster recovery

  A disaster-recovery service delivered through the cloud and oriented toward service providers. It supports recovery of customers’ systems and data after infrastructure failures, cyber incidents, or other events that interrupt normal IT operations.

• 2025Accept EQT majority investmentM&A

  Acronis remained privately held after earlier institutional financing from Goldman Sachs and CVC Capital Partners.

  What changed. EQT agreed to acquire a majority stake in Acronis, subject to regulatory approvals described in the source material.

  Aftermath. EQT became the company’s majority investor in the reported 2025 transaction, with Johannes Reichel serving as a strategic board representative and leadership changes occurring around the transaction.

  Source
• 2025Respond to U.S. intelligence procurement exclusionOther

  The U.S. Director of National Intelligence issued an order concerning Acronis products and services on specified Intelligence Community and sensitive-compartmented-information systems.

  What changed. Acronis products and services were ordered excluded and removed from the covered systems under the applicable federal acquisition framework.

  Aftermath. The cited material limits the order to the specified intelligence context and says it does not prevent Acronis or its partners from serving other customers.

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• 2020Combine backup and cybersecurity in Cyber ProtectProduct launch

  Acronis was expanding from backup and disaster recovery into endpoint security, anti-malware, vulnerability protection, and centralized management.

  What changed. The company launched Acronis Cyber Protect as an integrated platform connecting data protection and cybersecurity functions.

  Aftermath. The launch became a central expression of Acronis’s cyber-protection positioning and product architecture.

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• 2025U.S. Intelligence Community exclusion orderControversy

  The U.S. Director of National Intelligence ordered the exclusion and removal of Acronis products and services from Intelligence Community systems covered by the applicable federal acquisition rules. The cited material says that the relevant authorities did not identify specific vulnerabilities in Acronis products or processes and that the action did not prohibit service to customers outside the affected intelligence systems.

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• 2025EQT agrees to acquire majority stake in Acronis

  Swedish private-equity firm EQT agreed to become the majority owner of Acronis, subject to regulatory approvals described in the reference material.

  M&A
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• 2025Acronis named to CRN Security 100

  Acronis was reported as appearing on CRN’s Security 100 list for the fourth consecutive year.

  Other
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• 2021CVC leads Acronis financing round

  CVC Capital Partners led a $250 million financing round that reportedly lifted Acronis’s valuation above $2.5 billion.

  Other
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• 2020Acronis launches Cyber Protect

  Acronis introduced a platform combining backup and recovery with cybersecurity, anti-malware, and management capabilities.

  Product launch
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• 2019Acronis secures Goldman Sachs investment

  Goldman Sachs invested $147 million in Acronis, reportedly valuing the company at more than $1 billion.

  Other
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1. Acronis
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3. Acronis official website