Acronis acquires DLP software provider DeviceLock

Acronis acquires Singapore based DPL software provider DeviceLock

Mumbai: Acronis has acquired DeviceLock, Inc., a Singapore based DLP software provider, the company said in a statement.

Under a pact, DeviceLook will become a wholly-owned subsidiary of Acronis – a global cyber protection player. However, the company has not disclosed financial details of this acquisition.

Acronis will integrate DeviceLock’s technology into its Acronis Cyber Platform. And make new services available through the Acronis Cyber Cloud Solutions portal.

And the company will continue to work on new versions of the DeviceLock DLP complex while maintaining full technical support.

Combining DeviceLock’s full DLP suite, Acronis will offer customers and partners a simple and affordable approach. To enable them in preventing data leaks from corporate Windows and Mac laptops, desktop computers, and virtualized Windows sessions and applications.

And will be covering the five vectors of cyber protection — safety, accessibility, privacy, authenticity, and security (SAPAS) of all data, applications, and systems.

DeviceLock’s endpoint DLP ( data loss preventing) software is protecting 4 million computers in more than 5,000 organizations worldwide. It has a global customer base across verticals including banking and finance, medical, pharmaceutical, government and defense, manufacturing, and retail.

Founded in 1996, DeviceLock’s DLP is designed to stop data leaks at the source, as nearly two-thirds of serious data leakage incidents are caused by employees, contractors or visitors – whether through unintentional mistakes or malicious intent.

DeviceLock solutions protect valuable data from serious insider threats. The acquisition of these new capabilities will help advance Acronis’ mission to deliver cyber protection to every business.

“By adding DeviceLock’s solutions to our portfolio of cyber protection products and services, we’re giving our partners and customers an easy way to deliver an unprecedented level of functionality among endpoint DLP solutions in an affordable price range,” said Serguei “SB” Beloussov, Founder and Executive Officer – Acronis.

“We are looking at both developing new solutions internally, as well as acquiring additional leading vendors to add even more capabilities to our existing repertoire,” added Beloussov.

Acronis will offer DeviceLock’s services to its community of 50,000 partners in the IT channel, enabling MSPs and service providers to better manage the clients data protection needs.

It also plans to continue enhancing its cyber protection offerings and adding capabilities requested by partners and customers.

“By merging with Acronis, we can accelerate product innovation, expand our distribution channel, and leverage our existing technology to meet customer requirements,” said Ashot Oganesyan, DeviceLock CTO and Founder.

(Image source – Acronis)

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