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Webroot acquires Prevx to lead 'security revolution'

Webroot, a Colorado-based web security firm, has bought UK company Prevx for an undisclosed fee.

Deal

US web security firm Webroot has acquired Prevx, a British cloud-based anti-malware company.

Prevx's technology will be integrated into Webroot's cloud security services portfolio as part of the deal, which the latter said will "transform how security is delivered."

Financial details of the purchase remained undisclosed at the time of publishing.

"Webroot and Prevx share a common vision for revolutionising what we believe is a market in need of dramatic change," said Dick Williams, chief executive (CEO) at Webroot.

"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."

Williams promised the companies would provide the "best security service in the world" and described the acquisition as "a seminal event" for the industry.

Prevx founder Mel Morris said the two firms had a common "desire to innovate" during a time when the industry had fallen behind in the fight against cyber crime.

"Today's cyber crime industry is rife with zero day exploits, social engineering and sophisticated techniques which make it possible for threats to get past traditional malware detection," Morris added.

"We are pleased to become a part of Webroot and join forces in leading a revolution in the security industry."

The announcement comes on the back of a number of recent acquisitions by Webroot, including those of email security provider Email Systems and website classification company BrightCloud.

Elsewhere in the security industry, there have been some major buys this year, including Intel's $7.68 billion acquisition of McAfee.

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