Symantec acquires Danish software firm Softscan  

2009.11.02
Software giant Symantec has acquired the Danish software firm Softscan, which develops hosted security solutions for e-mail
Software giant Symantec, the world's third largest software firm globally known for its Norton brand of internet security products, has acquired the Danish software firm Softscan reports Version2, citing several sources of confirmation. Softscan develops hosted security solutions for e-mail.
 
The acquisition gains Symantec a company with a staff of 60 which in 2008 generated profits of around DKK 6m (USD 1.2m) on a turnover of DKK 71m (USD 14.1m). Softscan is also officially termed a "gazelle company" in Denmark, which means that it has doubled its turnover in the last four years.
 
That said however, the number of staff employed by Softscan has halved over the course of a year from the previous 120. What the future holds for the remaining 60 staff remains unclear at this time, writes Version2.
 
Softscan was founded in 2003, and its products are sold throughout Scandinavia, as well as in the UK and Germany.

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