AVG Technologies buys web protection vendor

AVG Technologies buys web protection vendor

Security vendor snaps up Exploit Prevention Labs

Security vendor AVG Technologies has acquired internet protection vendor Exploit Prevention Labs.

AVG was acquired by anti-virus vendor Grisoft in August this year, and the combined company was rebranded AVG Technologies.

Roger Thompson, co-founder and chief technology officer of Exploit Prevention Labs, said: “Exploit’s software blocks dangerous downloads on websites and addresses drive-by attacks.

“AVG is leapfrogging the competition with its products at the moment and with 60m users in its client base. Exploit gets to put its software on millions of computers in a shorter time.”

JR Smith, chief executive of AVG, said: “The acquisition was partly due to feedback from AVG’s VARs. AVG is focusing on how it can help and assist the resellers more, as the majority of UK sales go through the channel.”

Terms of the acquisition have not been disclosed, but the deal is expected to be finalised at the end of December.