Peaches Posted July 14, 2010 Report Share Posted July 14, 2010 Sunbelt Acquired by GFI SoftwareThe company looks to expand in new directionsGFI Software has announced the acquisition of antivirus vendor Sunbelt Software. The company's VIPRE product line will be merged into GFI's own email, Web and network security solutions. "Over the past several years, we have looked extensively for the best technologies, the best developers and the best management teams that will allow us to expand our current product offerings and to provide the best service we can to our customer base. We were impressed by the high quality and innovative technology that underlies Sunbelt's VIPRE line of products and immediately saw strong synergies between the two companies. We have acquired a good, growing and cash-flow positive business that fits well within GFI's strategic vision to consolidate our products and grow our business," Walter Scott, GFI's chief executive officer, said.Meanwhile, Sunbelt's CEO Alex Eckelberry explains on the company's blog that the acquisition will provide the necessary resources to develop new technologies for other security areas like vulnerability assessment, patch management or data leakage prevention. He also pointed out that no specific product integration plans have been laid out yet and that the companies are still working on identifying which of their solutions complement each other. Story - http://news.softpedi...re-147387.shtml Quote Link to post Share on other sites
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