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Intel Enters Anti-Virus Market

Posted by samzenpus on from the anti-virus-inside dept.

Jack writes "ITO holds a story on latest Intel investment: "Intel is branching into anti-virus security with a $16 million investment in Czech anti-virus software vendor Grisoft. Grisoft's AVG anti-virus is used on more than 25 million computers worldwide, according to the company."

1 of 191 comments (clear)

  1. For the Record... by Anonymous Coward · · Score: -1, Redundant

    Intel Enters Anti-Virus Market
    Author: IT-Observer Staff
    Wednesday, 07 September 2005, 17:44 GMT


    Intel is branching into anti-virus security with a $16 million investment in Czech anti-virus software vendor Grisoft. Grisofts AVG anti-virus is used on more than 25 million computers worldwide, according to the company.

    Intel said its investment will help the software to reach a wider market and approach new customers. The companys product is already distributed through resellers worldwide and through the Internet.

    By acquiring shares in Grisoft, Intel Capital is supporting the development of anti-virus software development and deployment around the globe," said Intel Capital President Arvind Sodhani.

    The purchase is Intels largest investment to date in Eastern Europe. Last year, Intel invested more than $100 million with 40 percent of the investments were made outside of United States.