Webroot Buys Prevx for Cloud Security
Webroot has acquired security vendor Prevx for its cloud-based anti-malware technology.
According to Webroot, the plan is to integrate Prevx's technology into Webroot's cloud security services. The buy continues a cloud strategy that has been expanded this year with the purchase of Website classification vendor BrightCloud as well as the introduction of Webroot's first cloud offering, Webroot Internet Security Complete, in July.
"Webroot and Prevx share a common vision for revolutionizing what we believe is a market in need of dramatic change," said Dick Williams, CEO at Webroot, in a statement.
"Prevx is the leader in cloud-based antivirus protection and behavior-based malware detection, which block threats before they can ever reach a PC or corporate network," he continued. "This technology, combined with Webroot's innovations, customer service and support, will make it easy for consumers to stay protected online wherever they go, and easy for businesses to protect their employees and their networks."
Founded in 2001, Prevx is focused on protecting PCs, corporate networks and mobile devices. Prevx founder Mel Morris said modern cyber-crime is rife with zero-day exploits, social engineering and other techniques that make it easier for threats to bypass traditional protections.
"Webroot shares our desire to innovate at a time when our industry has fallen behind in the war against online crime," Morris said in a statement. "We also share a commitment to developing a relationship with our customers and making security an experience they enjoy. We are pleased to become a part of Webroot and join forces in leading a revolution in the security industry."
The financial terms of the deal were not disclosed.