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Acronis

Headquartered in Schaffhausen, Switzerland, Acronis develops solutions for backup, disaster recovery, endpoint management, and cybersecurity for managed service providers (MSPs), small- and medium-sized businesses (SMBs), and enterprise IT environments. The company was founded in 2003 in Singapore by Serg Bell as a spin-off from SWsoft (later known as Parallels), initially focusing on disk imaging and backup with its flagship product, Acronis True Image. It was incorporated in Switzerland in 2008.

Acronis is an information technology company that provides disaster recovery and data protection solutions, including cybersecurity; security + XDR and security + EDR, data protection; advanced backup and disaster recovery, and Microsoft 365 protection. Acronis products support platforms such as Microsoft 365, Google Workspace, AWS, and Azure. In 2025, Swedish private equity firm EQT acquired a majority stake in Acronis.

Recent Leadership News

Cybersecurity veteran Prakash Panjwani has been named as Acronis's new chief executive. Panjwani's predecessor, Jan-Jaap Jager, will hand over control but will remain involved with the business as a key shareholder. Panjwani previously led WatchGuard for a decade as CEO, guiding the company's evolution from a firewall-focused business into a broader cybersecurity platform built with AI-powered endpoint detection and response (EDR), extended detection and response (XDR), and managed detection and response (MDR).

Facts compiled by Executive Moves from publicly available news and press releases on 20 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.

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