Security - Tuesday, November 27, 2007
Webroot Buys UK's Email Systems
Anti-spyware's Webroot is buying UK-based security as a service firm Email Systems. Terms of the deal were not disclosed. The merged firm will be called Webroot. Founded 5 years back, Email Systems says it protects an estimated 2.5M email boxes for 1,500 businesses worldwide. It competes with MessageLabs.
In February, 2005 Webroot raised $108M. It has since hired a new CEO and announced its intention to go public. Webroot got its start in fighting malware but has moved to expand to other areas of security.
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