Sammsoft Bought for $8.5M
Gregory T. Huang12/8/09
Redmond, WA-based Sammsoft, which makes security and privacy software for personal computers, has been acquired by support.com (NASDAQ: SPRT), an online technology firm based in Silicon Valley, for $8.5 million in cash. The assets of Sammsoft’s parent company, Xeriton, were also acquired in the deal. Sammsoft was operated by former Microsoft employees, most of whom will be joining support.com.
Gregory T. Huang is Xconomy's National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.
