Mon, 06 Aug 2018 08:07 IST
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Antivirus Business of FRISK Software International to be Acquired by Commtouch Software (NASDAQ: CTCH)

New York, August 1 (alphajetsusa.com) – In order to take possession of antivirus business of FRISK Software International, which is an Iceland-based company, signing over a definitive agreement has been proclaimed by Commtouch Software Ltd (NASDAQ: CTCH).

The possession of the firm will let CTCG to make an appropriate use of FRISK Software International’s staff personnel and not only this, in order to accelerate its launch of white label antivirus solutions for the market of OEM, IP of the FRISK will also be utilized effectively making it get accelerated considerably.

In addition to this, together with enhancing the Software as a service (SaaS) capabilities of Commtouch Software, this will enable it to offer additional services and applications. Furthermore, by the end of 2018 Q3, the deal is supposed to get closed being an important matter to customary closing conditions.