AVG acquires indentity theft prevention security company

Staff Writers
Sunday, 18 January 2009 09:51

IT Industry - Strategy

Anti-virus and internet security software provider, AVG Technologies, has acquired Sana Security, a California-based security company and developer of identity theft prevention software.

AVG, which claims to have over 80 million users around the world, described Sana’s technology as protecting against threats in a similar way to the human immune system.
 
In a statement released simultaneously in Melbourne and Amsterdam, CEO of AVG, JR Smith, said the transaction marked another successful milestone in its corporate growth strategy to continually improve internet security coverage for individuals and small businesses and expanded its global footprint.
 
Smith said that as the “threat landscape evolves with more sophisticated online attacks to steal personal information”, Sana’s technology complements AVG’s existing portfolio by delivering continuous threat detection and automatic removal of malicious software proactively.

Sana Security’s personnel, together with its research organisation Sana Labs, will be integrated into the AVG organisation and maintain offices in Silicon Valley.