September 24, 2003, South San Francisco,
CA Acronis, Inc., the technological leader in systems
software development, issued the following statement on the
announcement Sept. 23, 2003 of Symantec Corp.
acquiring PowerQuest Corp.
From Max Tsypliaev, President, Acronis, Inc.
"The acquisition of PowerQuest by Symantec is
good news for Acronis customers. First, it underscores the
importance of the markets in which we compete with Symantec and
PowerQuest markets such as disk imaging, disaster recovery, systems
management, and privacy. And second, by effectively taking out the
Number 2 company in the market, Symantec is, in effect,
raising the visibility of Acronis."
"Prior to the acquisition, reviewers already
were bestowing kudos to Acronis for its product family. These
developments bode well for us in that now there will be one fewer
competitor. It should provide Acronis with greater visibility to
customers looking for systems management products for the Windows
and Linux environments."
About Acronis:
Acronis is a leader in AI-native cyber protection, unifying data protection, cybersecurity, IT operations and hybrid infrastructure to deliver business continuity, security and compliance with less cost and complexity. More than 21,000 service providers trust Acronis to protect over 750,000 businesses in 150 countries. Acronis is headquartered in Schaffhausen, Switzerland. For more information, visit www.acronis.com.