Cybersecurity solutions provider, Acronis, has acquired South African distribution company Synapsys as part of the company’s growth strategy.
According to a statement issued by Acronis, the acquisition dovetails perfectly with its ongoing global/local initiative, which aims to provide expanded in-country access to the company’s worldwide resources.
Speaking on the acquisition, Acronis founder and CEO Serguei Beloussov said, “Synapsys has been a trusted and valuable partner in our efforts to extend our cyber protection solutions to organisations across the African continent. This acquisition will give their users direct access to our technology and support.”
“At the same time, Africa is becoming a strategic growth opportunity for Acronis and acquiring Synapsys provides us with a permanent presence on the continent,” he added.
After a planned transition period, Synapsys will be integrated into Acronis and will be responsible for all Africa Sales of Acronis’ cyber protection solutions.
The acquisition will see Synapsys’ Managing Director Peter French, become Acronis’ General Manager for the Middle East/Africa market.
“No business school advice tells you to put all your eggs in one basket. But this is exactly what we did with Acronis, and we have never regretted it,” French said. “Our laser-focus and partner-centric ethos is backed by our alignment with Acronis’ mission, especially the drive to the cloud and the cyber protect approach to data protection and digital security,” said French.
As part of the company’s accelerated growth strategy, Acronis said it will continue to examine potential acquisitions that will extend its ability to address the Five Vectors of Cyber Protection — solving the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges that face today’s data, applications, and systems.