oracle
06-11-2003, 05:43 PM
Microsoft Buys Antivirus Technology (http://story.news.yahoo.com/news?tmpl=story&u=/ap/20030611/ap_on_hi_te/microsoft_antivirus_5)
<font size=1>Wed Jun 11, 8:24 AM ET</font>
By HELEN JUNG, AP Business Writer
SEATTLE - Microsoft Corp., a regular target for software attacks and viruses, is hoping to strike back with a weapon of its own.
Microsoft is acquiring antivirus technology from a Romanian software company and plans to develop its own antivirus product, the software company said Tuesday.
But in stepping into the new market, Microsoft faces direct competition with specialty software security companies to whom Microsoft has long ceded the profitable market.
Microsoft signed an agreement to buy the intellectual property and technology assets of antivirus software and consulting firm GeCAD Software Srl. of Bucharest for an undisclosed amount. Some of the company's software developers will join Microsoft, but details haven't been finalized, said Mike Nash, corporate vice president of Microsoft's security business unit.
Microsoft plans to release its own antivirus product at some unspecified date, but has not decided whether basic antivirus technology will be bundled into its Windows operating system, Nash said.
The company will sell corporate customers and consumers subscriptions for the updated innoculation files that protect against new viruses.
Nash said Microsoft needs to do more to protect its customers from viruses and other malicious programs, in addition to working with security companies, such as Symantec Corp. and Network Associates Inc., which make the most popular antivirus programs for consumers.
...
Click here to read more (http://story.news.yahoo.com/news?tmpl=story&u=/ap/20030611/ap_on_hi_te/microsoft_antivirus_5)
<font size=1>Wed Jun 11, 8:24 AM ET</font>
By HELEN JUNG, AP Business Writer
SEATTLE - Microsoft Corp., a regular target for software attacks and viruses, is hoping to strike back with a weapon of its own.
Microsoft is acquiring antivirus technology from a Romanian software company and plans to develop its own antivirus product, the software company said Tuesday.
But in stepping into the new market, Microsoft faces direct competition with specialty software security companies to whom Microsoft has long ceded the profitable market.
Microsoft signed an agreement to buy the intellectual property and technology assets of antivirus software and consulting firm GeCAD Software Srl. of Bucharest for an undisclosed amount. Some of the company's software developers will join Microsoft, but details haven't been finalized, said Mike Nash, corporate vice president of Microsoft's security business unit.
Microsoft plans to release its own antivirus product at some unspecified date, but has not decided whether basic antivirus technology will be bundled into its Windows operating system, Nash said.
The company will sell corporate customers and consumers subscriptions for the updated innoculation files that protect against new viruses.
Nash said Microsoft needs to do more to protect its customers from viruses and other malicious programs, in addition to working with security companies, such as Symantec Corp. and Network Associates Inc., which make the most popular antivirus programs for consumers.
...
Click here to read more (http://story.news.yahoo.com/news?tmpl=story&u=/ap/20030611/ap_on_hi_te/microsoft_antivirus_5)