Feeds

Intel hands Czech firm millions for virus protection

Díky moc

Choosing a cloud hosting partner with confidence

Intel Capital has taken its largest equity stake to date in an Eastern Europe outfit, sinking $16m into Czech anti-virus company Grisoft to help it expand in business and consumer markets.

The chip giant's venture capitalist arm said it was investing in Prague-based Grisoft to improve the development of anti-virus software and deployment around the globe.

Intel will help privately held Grisoft improve security on computing platforms for small- and medium-sized business (SMBs) and consumers, reach new customers and market segments, and work to optimize Grisoft's security software for different platforms. Grisoft's products, used by businesses and consumers, are deployed on 25m PCs and are distributed through resellers and across the internet.

Grisoft chairman Gabriel Eichler said in a statement he accepted investment from Intel to help accelerate the company's drive towards becoming a "global leader" in anti-virus software. "We felt that it was the appropriate time to bring in value-added investors to help capture Grisoft's future prospects," Eichler said.

Intel Capital last-year invested $130m in 110 different deals, with 40 per cent of its investments made outside the US. The company claims to have invested $4bn in 1,000 companies based in 30 countries since 1991.®

Internet Security Threat Report 2014

More from The Register

next story
FYI: OS X Yosemite's Spotlight tells Apple EVERYTHING you're looking for
It's on by default – didn't you read the small print?
Russian hackers exploit 'Sandworm' bug 'to spy on NATO, EU PCs'
Fix imminent from Microsoft for Vista, Server 2008, other stuff
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Microsoft pulls another dodgy patch
Redmond makes a hash of hashing add-on
NOT OK GOOGLE: Android images can conceal code
It's been fixed, but hordes won't have applied the upgrade
'LulzSec leader Aush0k' found to be naughty boy not worthy of jail
15 months home detention leaves egg on feds' faces as they grab for more power
China is ALREADY spying on Apple iCloud users, claims watchdog
Attack harvests users' info at iPhone 6 launch
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.