Acronis receives $250 mln investment for global expansion, including in India

Singapore’s cyber protection company Acronis has received USD 250 million investment from Luxembourg-headquartered CVC Capital Partners, supporting its global expansion including the setting up of a cloud data centre and acquisition of companies in India.The USD 250 million investment has put the company’s value over USD 2.5 billion, up from USD 1 billion in 2019, Rustom Hiramaneck, General Manager for South Asia at Acronis International Pte Ltd, said on Tuesday, announcing the CVC Capital investment. “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.

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