Tag: investment
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Investment boost for Quick Heal
Indian security firm gets hefty cash injection. Indian computer security firm Quick Heal has received a INR 60 crore (approximately US$12.7 million) cash injection from venture capital firm Sequoia Capital . Quick Heal , whose range of anti-malware products have been appearing in VB ‘s VB100 reviews with a very decent track record since 2002,…
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Avast gets $100m investment boost
Growth equity firm invests in Czech firm Avast Software , the Czech anti-malware firm famous for its free avast! software, has announced that growth equity investor Summit Partners has invested $100 million for a minority stake in the company. The Czech security company has been in business since 1991, recently changing its name from Alwil…
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Sophos bought up by investment firm
APAX Partners acquires major stake in $830 million company. Sophos has announced that a majority share of the company will be sold to major private investment firm APAX Partners , in a deal which rates Sophos ‘s value at $830 million. APAX Partners has its fingers in a wide range of pies, including numerous telecoms…
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Symantec buys key pair of encryption firms
PGP and GuardianEdge snapped up in surprise dual acquisition. Symantec has announced the acquisition of two separate firms specialising in encryption and email security. The deals were completed in cash with PGP , a renowned specialist in public key cryptography, costing $300 million and GuardianEdge , which also provides encryption and data loss prevention solutions,…