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Acronis Expands R&D Centre in Sofia with BGN 1.2 Million Investments 


Image source: Acronis Bulgaria

With an investment of BGN 1.2 million, the  Singapore-based Acronis expands the operations of its European research and development centre in Sofia. The Bulgarian office will also open 130 new positions for engineers.

The centre in the Bulgarian capital opened in August 2018 and has been working in areas such as Cybersecurity, AI and Blockchain projects. The expansion of the R&D centre is related to the development of a new product – Acronis Total Protection (ATP) for proactive defensive technologies, controlled by an AI.

For the investment, Acronis Bulgaria received an A-class investment certificate from Emil Karanikolov, Minister of Economy. As a result, the company may take advantage of the privileges and relieves, envisaged in the Investment Promotion Act (IPA).

Acronis entered the Bulgarian market with the acquisition of the Sofia-based T-Soft and started its business with a team of 30 people. Almost a year later, 120 people work for the team of the company in Sofia. The international leader in cybersecurity and hybrid cloud solutions has more than 1000 workers around the world and provides its solutions in more than 150 countries. The products of the company are adapted in 20 languages and provide security for more than 500 000 companies and 5 million customers.