![]() ![]() We can, and we are, providing leadership and policies that allow ideas to flourish. Government is laying the grounds for such sectors. We are doing this by preparing the right regulatory frameworks as well as laying the foundations for businesses such as Acronis, Parallels and Runa Capital who offer support for our national blockchain efforts to invest in this new emerging economic niche. The government is embracing new disruptive technologies and wants Malta to become a leader in new technology in Europe. We share the same vision for Malta – that of becoming a hub for technological innovation. “There is one added crucial factor that brings us here together today. “We are happy that another global investor chose Malta to expand its operations in Europe”, says Dr. The group of companies is expected to contribute up to $10 million over a three-year period through expanding their presence in the country, venture capital, and R&D. Runa Capital will be the first Venture Capital firm in Malta to provide funding to local startups, and Acronis and Parallels will engage in joint research projects with local firms and institutions with a possibility of a new R&D center focusing on advanced technologies in data protection, AI, and blockchain. The group of companies will support Malta in becoming the first Smart Island through accelerating innovation and participating in national blockchain initiatives. SCHAFFHAUSEN, Switzerland, Octo– Acronis, a global leader in hybrid cloud data protection and storage, in collaboration with Runa Capital and Parallels, today announced the opening of a new European Technology Hub in the Mediterranean island of Malta. Technology innovations and strong customer demand for data protection solutions fuels need for expansion in the Mediterranean region through a concerted and strategic partnership approach with the Mediterranean Island of Malta. Acronis Joins Runa Capital and Parallels In Accelerating Innovation and Supporting Blockchain Initiatives in Malta
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