Cloud-based Internet security provider Commtouch this morning announced that it has acquired Iceland-based FRISK Software International’s antivirus business.
Terms of the transaction were not disclosed.
FRISK, established in 1993, offers antivirus solutions for the OEM, corporate, and consumer markets under the F-PROT brand (a name that will make all Dutch-speaking Belgians chuckle). Commtouch says it aims to utilize FRISK’s staff and IP to accelerate the launch of white-label antivirus solutions for the OEM market.
The Icelandic company already provides technology used by Commtouch’s antivirus engine, and the two engineering teams are said to have worked together for more than 20 years. FRISK’s founder, Friðrik Skúlason, will join Commtouch as vice president of antivirus technologies.
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The deal is expected to close by the end of the third quarter of 2012.
Commtouch also published its quarterly earnings this morning, reporting $0.8 million in net income on $5.7 million in revenues for the second quarter of 2012.
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