GFI Software, a provider of software infrastructure products for small and medium-sized businesses, announced today that it has acquired security software provider Sunbelt Software.
GFI was specifically interested in Sunbelt’s VIPRE product line. The assets of Sunbelt’s software distribution business, which are separate from the technology side of the company, will be divested into a separate entity, which the company plans to sell off or explore other strategic partnerships.
GFI plans to merge VIPRE technology into GFI’s email security and web security solutions group and will allow GFI to offer its own established antivirus product.
“We see this investment in Sunbelt and its VIPRE technology as an excellent opportunity to increase our install base, drive the software globally through our international partner channel and also build our consumer market, which has a powerful drag-along effect on the SME and SoHo markets,” said Walter Scott, GFI’s CEO.
Terms of the transaction were not disclosed.
