acquires stake in ESET Southern Africa

Acquisitions

Summary

“ESET is now taking specific steps to continue its advance into the enterprise segment, with exciting new enterprise oriented products and services, which we expect to progress locally together with Convergence Partners.” “We welcome Convergence Partners aboard ESET’s business in South Africa – a market which has long been our strongest presence on the African continent. “We look forward to working with Convergence Partners’ established African presence to further develop the ESET brand and distribution opportunities in East Africa. As impact investors, Convergence Partners brings its skills, experience and capital to accelerate ICT infrastructure development on the Continent, focusing on initiatives that increase availability of communications, broadband services and new technology offerings to the people of Africa. With solutions ranging from endpoint and mobile security, to encryption and two-factor authentication, ESET’s high-performing, easy-to-use products give consumers and businesses the peace of mind to enjoy the full potential of their technology. Backed by R&D centers worldwide, ESET became the first IT security company to earn 100 Virus Bulletin VB100 awards, identifying every single “in-the-wild” malware without interruption since 2003.

Classifications

industries
No industries detected
applications
Networking and Cloud

AskAI Classifications

Labels
Cybersecurity Software Endpoint Protection SaaS

Linked Companies

ESET
$10M to $25M