Commtouch today announced that it has signed a definitive Asset Purchase Agreement to acquire the assets, products, licenses, and operations of the Command antivirus division of Authentium, Inc., a Florida-based company.
Command antivirus — which also includes technology to protect against spyware, Trojan downloaders, and other threats — is strongly synergetic with the rest of Commtouch’s product portfolio. With the addition of antivirus technology as a new, third product line, Commtouch will be offering a comprehensive set of solutions for inbound and outbound messaging and Web security to its customers, which are networking and security vendors and service providers.
The Command antivirus division currently provides its technology to a notable number of leading service providers and vendors, including Google, McAfee, and Microsoft. Certified by Checkmark, West Coast Labs, and a winner of multiple Virus Bulletin awards, Authentium’s Command antivirus technology boasts a small footprint and a highly efficient event-processing system.
Commtouch is expected to pay $4.6 million in cash and an additional "earnout" contingent upon the achievement of certain revenue milestones through December 31, 2011, which may bring the total amount to approximately $8 million.
The acquisition is expected to be accretive starting the first quarter post-closing, and should contribute positively to Commtouch’s non-GAAP top and bottom line in 2011.