Back on July 27, 2010, Commtouch (CTCH) announced that it had signed a definitive Asset Purchase Agreement to acquire the assets, products, licenses and operations of the Command antivirus division of Authentium, Inc., a Florida-based company.
Authentium was a privately held company based in Palm Beach Gardens, Florida. In 2002, Authentium acquired Command Software, a security firm that was founded in 1984 and focused on anti-malware technology. Authentium also had another division, known as SafeCentral, which was not acquired by Commtouch.
Commtouch’s strategy is to increase its leadership in the Internet Security sphere. Antivirus provides a significant growth opportunity that is highly synergetic with the company’s business. Command Antivirus is a natural fit for Commtouch, employing a business model compatible with Commtouch’s — OEM to security vendors and direct to Service Providers.
The Command Antivirus offering provides detection using a highly scalable, multi-layered approach. This market-leading antivirus is a natural addition to Commtouch’s offering of broad email and Web security suites that provide customers with operational simplicity, reduced TCO and technical consolidation.
Command’s OEM customer base included companies such as Google, McAfee and Microsoft, among many others. Command also had over 1,000 customers of its CSAM (Command Anti-Malware) product. All of Command’s customers are now customers of Commtouch.
COMMTOUCH SOFTW (CTCH): Free Stock Analysis Report
Zacks Investment Research
