Intel Takes Stake In Anti-Virus Maker Grisoft
Intel has taken a $16 million stake in Grisoft, makers of the free AVG anti-virus software program.
The investment is Intel's largest in Central and Eastern Europe, the company said. In return, Grisoft will use the money to grow its customer base as well as "optimize" its software, the company said.
Grisoft supplies anti-virus software to 25 million PCs, Grisoft said. The investment is subject to approval by the competition council of the Czech Republic.
posted by Fergie @ 9/06/2005 09:22:00 AM
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