Acronis to acquire 5nine.

Acronis, a provider of cyber protection is set to acquire 5nine, a cloud management, and security solutions provider. Financial terms were not disclosed. “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. We are certain that this acquisition will drive cloud adoption and ensure secure and reliable cloud infrastructure deployments worldwide,” Karen Armor, 5nine CEO.