April 25, 2006, Burlington, MA Acronis Inc., the technological leader in storage management software, announced it has acquired its German distribution partner Acronis Germany GmbH (formerly PEZ Kommunikationssysteme GmbH). Acronis Germany has been the exclusive distributor of Acronis products in Germany, Switzerland and Austria for the past six years. Terms of the agreement were not released.
Acronis Germany becomes a wholly-owned subsidiary of Acronis Inc., based in Burlington, MA. Helmut Heptner, who headed Acronis Germany prior to the acquisition, continues in his role as managing director.
'Acronis' sales worldwide have been growing exponentially in recent years and much of that development can be attributed directly to outstanding efforts of Acronis Germany," said Walter Scott, CEO of Acronis. "Bringing Acronis Germany officially under the wing of Acronis Inc. puts us that much closer to this very important installed base and provides our European users with increased direct access to the company and its developers. We are not only solidifying our commitment to the European market, but we are doing so with a team that has demonstrated its resolve to promote the Acronis brand and technology throughout the heart of Europe."
"Since introducing Acronis products to the German market six years ago, we have seen tremendous growth and wide acceptance of the technology," said Heptner. "What began as cooperation and expanded into collaboration has now become a single, great institution. Acronis' dedication to customer service and outstanding technology made it an easy decision to associate our company with Acronis. We wanted to be the best, and what better way of becoming the market leader than by joining with the technology leader in this market."
"The strategic acquisition of Acronis' largest and most profitable European distributor goes a long way to cement the company's international presence," says Scott Maxwell, managing director of Insight Partners, a major investor in Acronis. "Acronis has long had a significant portion of its revenue from non-US sales, but the acquisition of Acronis Germany, which sells to the German, Swiss and Austrian markets, combined with its expansion to Southeast Asia last year, demonstrates a methodic and financially sophisticated move to globalized revenue and potentially, market dominance in targeted business segments.
"In addition to the company's impressive growth in the United States, Acronis sees equally impressive financial growth internationally. Its unique technology has become a prerequisite for disaster recovery in many of the world's largest enterprises," Maxwell said. "With this acquisition, we believe that Acronis a much better position to engage these expanding market opportunities."
About Acronis:
Acronis is a global cyber protection company that provides natively integrated cybersecurity, data protection, and endpoint management for managed service providers (MSPs), small and medium businesses (SMBs), and enterprise IT departments. Acronis solutions are highly efficient and designed to identify, prevent, detect, respond, remediate, and recover from modern cyberthreats with minimal downtime, ensuring data integrity and business continuity. Acronis offers the most comprehensive security solution on the market for MSPs with its unique ability to meet the needs of diverse and distributed IT environments.
A Swiss company founded in Singapore in 2003, Acronis has 15 offices worldwide and employees in 50+ countries. Acronis Cyber Protect is available in 26 languages in 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses. Learn more at www.acronis.com.