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Acronis wants to invest $50 million in Vietnam

About Acronis

Acronis is a unicorn startup operating in the field of security and cybersecurity. This startup was founded in Singapore in 2003 and merged with SIT Institute in 2008 in Switzerland. It has headquarters in Singapore and Switzerland. This unicorn is planning to invest $50 million for an R&D center in Vietnam in 2023. Dr. Serg Bell, Founder of Acronis, said that China, India, Japan, Taiwan, Korea were very strong in technology. However, Vietnam probably has the best opportunity thanks to high-quality personnel.

 

Acronis Israel

Acronis’ office opening ceremony in Israel

 

Acronis raised $400 million in funding rounds. Up to now, this startup is valued at up to $2.5 billion. More than 5.5 million homes and 500,000 businesses rely on Acronis products. Many of the world’s top professional sports teams are also large customers of this unicorn. Acronis currently has more than 50,000 product distribution partners, providing services in over 150 countries, in 26 different languages. More than 2,000 employees of this startup are also working from offices in 34 different locations around the world.

 

The investing plan in Vietnam

“We opened R&D centers in 10 countries. And Vietnam is the ideal location in the region to set up a medium-sized R&D center. We also went to Thailand, Indonesia, Malaysia, Myanmar,… and saw that that Vietnam is the best place,” said Dr. Serg Bell. Acronis is also considering setting up an R&D center in Hanoi or Ho Chi Minh City. The rollout is happening quickly, and more details will be available in the coming weeks.

 

Acronis FPT

Acronis’ memorandum of understanding signing ceremony with FPT

 

Dr. Serg Bell signed a cooperation agreement with FPT University to find, train and retain talents in the field of information technology. He also signed a memorandum of understanding with FPT with the goal of developing local human resources for the soon-to-be-built R&D center in Vietnam. The cooperation with largest R&D centers in Bulgaria and Singapore is expected to help the team in Vietnam develop innovative and cutting-edge cybersecurity solutions.

Source of information is Tech in Asia.