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Brand protection vendor MarkMonitor has acquired DtecNet to bolster its ability to fight fraud and piracy.
MarkMonitor, based in San Francisco, offers products and services to prevent brandjacking and online fraud. The acquisition, made for an undisclosed sum, builds on the existing relationship between the two companies.
According to MarkMonitor, the addition of DtecNet’s development team in Denmark and operations center in Vilnius, Lithuania, will expand the company’s reach.
“Acquiring DtecNet broadens data access capabilities for our solutions,” said MarkMonitor CEO Irfan Salim. “In addition to monitoring Websites, online auction sites, business-to-business exchanges, search engines and social media for evidence of counterfeit goods-including physical goods-and other brand abuses, we can also monitor peer-to-peer, Usenet and streaming sites for pirated digital content.”
DtecNet founder and CEO Thomas Sehested will join MarkMonitor as a senior vice president.