Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Security software vendor BitDefender has received a capital injection of $US7 million from a group of Romanian and American private investors in a deal that values the company at over $US100 million.
"As seasoned investors, putting our own money on the line, we are impressed by BitDefender's passion to help their customers interact confidently and securely in a digital world through continuous innovations that provide the future of security now," said Horia Manda, managing partner of two of the investors, the Romanian-American Enterprise Fund and the Balkan Accession Fund.
"BitDefender products and technology, with a proven track record of success, are ideally situated for increased penetration into an evolving worldwide IT security market, and we look forward to supporting expansion of the company."
The money will be used to fund further international expansion and increased R&D efforts.
BitDefender and its investors will work towards a public offering in Romania, elsewhere in the EU, or in the US.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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