1 - 15 August, 2003

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Microsoft Buys GeCAD Software Antivirus

Microsoft Corp. announced the final signing of the agreement leading to the acquisition of the antiviral intellectual property and the technological resources of the Romanian company GeCAD Software SRL.

The knowledge and experience acquired from GeCAD would contribute to Microsoft's better understanding of the way the systems are attacked, enabling the company to focus its efforts in the platform's improvement, for the benefit of both clients and industry partners. As part of the "Trustworthy Computing" initiative, Microsoft is determined to work together with its industry partners, in order to reach high levels of security.

The acquisition terms were not disclosed, but the media information indicates a transaction reaching 1 million dollars.

Microsoft announcement is available at www.microsoft.com/presspass and www.microsoft.com/romania.

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