The Enterprise Security Supersite
NewsFactor Network Sites:   NewsFactor.com Security CRM Business Sci-Tech Newsletters XML/RSS Feed  
   
Home Network Security Viruses & Malware Spam & Hackers Security Products More Topics...
Security Products
Average Rating:
Rate this article:  
Sunbelt Software Acquired by GFI Sunbelt Software Acquired by GFI
By Adam Dickter
July 14, 2010 1:54PM

Bookmark and Share
GFI offers products that are available on-premises, through cloud computing or as a hybrid of both. The company operates in the U.S. and United Kingdom, Austria, Malta, Hong Kong and Romania. The merger will allow Sunbelt to bring its security software products and antivirus software into a previously untapped European market.
 


GFI, maker of software solutions for small and medium-sized businesses including Max Remote Management, has acquired Sunbelt Software, in a deal that will allow GFI to tap into established security software sales and integrate them into its systems email programs.

Sunbelt is best known for its VIPRE antivirus software, which is designed to function well without slowing down your computer, with a focus on screening e-mails. Other products include CounterSpy, Sunbelt Exchange Archiver, CWSandbox, and ThreatTrack.

Details of the deal between Malta-based GFI, whose U.S. operations are based in Raleigh, North Carolina, and the Clearwater, Fla.-based Sunbelt, which has about 250 employees were not disclosed. GFI said it is also exploring other strategic partnerships, and will divest itself of a separate Sunbelt division that distributes software, mainly Double-Take high-availability programs.

Dynamic Duo?

The companies painted their merged operation as a force to be reckoned with in the fast-growing data security field.

"The technologies developed by both companies are highly complementary and I have a hard time imagining a better combination," said Alex Eckelberry, CEO of Sunbelt Software in a statement. Eckleberry said the two companies are rooted in similar business principles, with similar markets and a commitment to superlative customer Relevant Products/Services service.

GFI's CEO Water Scott said his company had searched extensively for new developers and management teams to expand its product offerings.

"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," said Scott. "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."

A report in the Tampa Bay Business Journal said Eckelberry and three other top Sunbelt officials, vice president of research and development Mark Patton, chief technology officer Eric Sites and Bill Emerick, senior vice president of products and services, will remain with the merged company.

The paper said Sunbelt's retiring co-founder Stu Sjouwerman will continue working with Sunbelt publications such as WServerNews, Win7News and SecurityNews.

Range of Solutions

GFI offers products that are available on-premises, through cloud computing, or as a hybrid of both. The company operates in the U.S. and United Kingdom, Austria, Malta, Hong Kong and Romania. The merger will allow Sunbelt to bring its products into a previously untapped European market.

As more SMBs embrace the growing availability of cloud computing systems, it creates an opening for security vending, a field that requires a full-time focus.

"Security by its nature is complex; few SMBs have the staff, experience, or patience to deal with the many threats lurking on the Internet," said E. Scott Menter, VP of business solutions for BP Logix, a Vista, CA maker of business process management software. "For example, many SMBs don't even have adequate password policies. In a situation like that, setting up a VPN [virtual private network] is nice, but it's like putting five padlocks on your front door and then leaving it ajar. You've spent money, but you haven't really improved anything."
 

Tell Us What You Think
Comment:

Name:



Advertisement


 Security Products
1.   New Tools Fortify Your Cyberdefenses
2.   IT Will Feel Intel's 'Buggy Whip' Move
3.   Removing Stubborn Viruses, Worms
4.   Antivirus Software: Do You Need It?
5.   Good Virus Protection on the Cheap


advertisement
New Tools Fortify Your CyberdefensesNew Tools Fortify Your Cyberdefenses
Software to repel new cyberattacks.
Average Rating:
Removing Stubborn Viruses, WormsRemoving Stubborn Viruses, Worms
Find the right tools to scrub your PC.
Average Rating:
IT Will Feel Intel's 'Buggy Whip' MoveIT Will Feel Intel's 'Buggy Whip' Move
Industry still angry about McAfee goof.
Average Rating:


advertisement
Product Information and Resources for Technology You Can Use To Boost Your Business

Navigation
Enterprise Security Today
Home/Top News | Network Security | Viruses & Malware | Spam & Hackers | Security Products | Mobile Security | Disaster Recovery | Windows Security
Data Security | EST Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters | Free Whitepapers | XML/RSS Feed

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2010 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.