Internet security software maker AVG Technologies announced that it has entered into an agreement to acquire LPI Level Platforms, a provider of remote monitoring and management software solutions.
Ottawa, Ontario-based LPI Level Platforms is the company behind Managed Workplace, a cloud-based remote monitoring and management platform that AVG says it will integrate with its AVG CloudCare offering.
CloudCare is AVG’s cloud-based administrative platform that enables small business resellers and MSPs to remotely deploy and manage their clients’ security with AVG products.
“With its advanced hybrid agentless architecture, this platform provides visibility and unified management of the entire IT infrastructure, including devices, applications, networks and cloud, while providing superior ease of use, security and control for the user,” AVG explained in a statement.
“The combination of LPI Level Platforms’ cloud-based RMM/MDM portfolio strengthens AVG’s AntiVirus, content filtering, back-up and optimization portfolio,” AGV added.
In addition, the acquisition will expand AVG’s distributor network by adding over 1,500 LPI Level Platform Managed Service Providers (MSP) partners to AVG’s existing network of more than 10,000 partners, with the ability to cross-sell and upsell both portfolios to each partner base.
AVG expects to realize significant synergies by combining platforms and business operations, and expects $5 million of subscription revenue related to the acquisition in the second half 2013.
News of the acquisition comes just weeks after AVG announced that it had acquired PrivacyChoice, a company that helps make privacy easier through a variety of Web and Browser-based tools.