Sammsoft Bought for $8.5M

12/8/09Follow @gthuang

Redmond, WA-based Sammsoft, which makes security and privacy software for personal computers, has been acquired by (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

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at Follow @gthuang