Security Market Segment LS
Sunday, 27 May 2018 01:46

Malwarebytes completes deal to acquire Binisoft

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Malwarebytes completes deal to acquire Binisoft Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Security vendor Malwarebytes has acquired Binisoft, a privately-held Romanian company that created Windows Firewall Control.

Malwarebytes says Binisoft’s Windows Firewall Control is used by millions of users and will significantly enhance the Malwarebytes endpoint protection platform.

“We’ve seen tremendous demand from our customer base for these capabilities,” said Marcin Kleczynski, chief executive of Malwarebytes.

“With continued increases in cyber threats, including malware that communicates and coordinates data theft, it is more important than ever for businesses to easily manage their Windows Firewall and establish communication polices to prevent programs from initiating unauthorised outbound connections.

“With the acquisition of Binisoft, Malwarebytes will provide an all-in-one solution well beyond having to manage a Firewall through Group Policy Objects or other Microsoft technologies.”

Kleczynski said Binisoft Windows Firewall Control would quickly integrate into the Malwarebytes platform, which simplifies the deployment and ongoing management of security solutions – and administrators would benefit from broader visibility into endpoints existing within their environment.

According to Kleczynski, Malwarebytes offers superior endpoint security technology and continues to achieve high sustained sales and organisational growth, strong recurring revenue, and positive cash-flow generation.

He said that during the past 12 months, Malwarebytes experienced a seven-fold increase in large enterprise customers and the company has more than 60,000 B2B customers and 700 global employees and growing.

The Binisoft acquisition closely follows two recent acquisitions by Malwarebytes of “pivotal” security companies, including Saferbytes and AdwCleaner.

For the near term, Binisoft will retain its current name, supplemented by Malwarebytes branding.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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