MCLEAN, Virginia, October 2, 2012 /PRNewswire/ --
Commtouch ® (NASDAQ: CTCH), a leading provider of cloud-based solutions for security companies and service providers, today announced it has closed the purchase of Iceland-based FRISK Software International's antivirus business, as of October 1, 2012.
The acquisition dramatically accelerates Commtouch's antivirus roadmap and enables the company to more quickly provide the most advanced antivirus technology utilizing the combined resources of both organizations. It also helps support the launch of private label antivirus solutions for the OEM and service provider markets while also enhancing the company's SaaS capabilities.Additionally, it also allows both companies to combine resources and support the upcoming launch of version 7 of the F-PROT Antivirus product that features unrivaled heuristic detection capabilities. The latest version of F-PROT Antivirus is set to feature new capabilities that harness the specialties of both FRISK Software and Commtouch, resulting in F-PROT's most advanced solution to date. It will also include rebranding capabilities and multilingual support in eight languages. "We're extremely pleased to announce the completion of our acquisition of FRISK Software's antivirus business," said Shlomi Yanai, CEO at Commtouch. "This acquisition illustrates our commitment to offering the latest protection technologies and the best detection on the market. The operational synergies and key intellectual property that FRISK Software brings allow Commtouch to accelerate its antivirus strategy and offer an industry-leading private label antivirus application that both vendors and service providers can use to differentiate themselves from competition. The acquisition of FRISK Software is yet another example of how we're building an even stronger Commtouch with unmatched expertise and clear growth prospects." For more information on Commtouch, FRISK Software and the acquisition, visit http://www.commtouch.com. About Commtouch
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV