Support.com Expands Software Offerings With Acquisition of SUPERAntiSpyware
REDWOOD CITY, CA -- (Marketwire) -- 06/16/2011 -- Support.com (NASDAQ: SPRT), a leading provider of cloud-based technology services and software, today announced the acquisition of SUPERAntiSpyware, a provider of software that detects, removes and protects users against spyware, malware and other online threats.
Support.com makes technology work for consumers and small businesses. Its offerings include both services, which Personal Technology Experts deliver over the Internet, and software, which customers use to fix technology problems themselves.
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"This acquisition of a leading anti-malware solution advances our strategy of providing both software and services that make technology work," said Josh Pickus, President and Chief Executive Officer of Support.com. "As we did with the Sammsoft acquisition in 2009, we plan to expand SUPERAntiSpyware's business with increased distribution and product enhancements, driving growth in both our direct business and our channel partnerships. With this transaction, we take another step towards our long-term goal of providing complete online technology care for consumers and small businesses."
SUPERAntiSpyware detects, removes and protects users from spyware, adware, Trojans, worms, keyloggers, rootkits, hijackers, parasites, dialers and other malware. The company offers both a free and professional version of SUPERAntiSpyware. SUPERAntiSpyware's free offering, which has been downloaded more than 30 million times, offers excellent anti-malware detection and removal. The professional version, which is available for purchase online, adds automatic updates, real-time protection and other features. SUPERAntiSpyware is architected to complement rather than replace other security products by providing an additional line of defense, and is widely recognized in security forums for being particularly effective against hard-to-detect malware. SUPERAntiSpyware is headquartered in Eugene, Oregon and has fewer than 10 employees. All employees, including founder and industry leader Nick Skrepetos, are joining Support.com.
The transaction is structured as an acquisition of assets with a cash purchase price of $8.5 million.