AVG, makers of AVG Free, the popular free antivirus program (as well as offering a selection of paid security software), announced on Wednesday that it scooped up Tel Aviv-based DroidSecurity, a cloud-based mobile security startup.
“The potential that exists within the mobile space is extraordinary, and we predict that devices like smartphones will overtake PCs in 2012,” said J.R. Smith, chief executive officer, AVG. “AVG acquired DroidSecurity to accelerate our delivery of sophisticated mobile security and provide users around the world with the reliable and secure technology they need to confidently mitigate the risks associated with using mobile devices.”
Not only does the deal underscore the importance security vendors are placing on the smartphone market, but the emerging tablet sector as well. With the proliferation of both markets, it’s conceivable that mobile security could skyrocket in the next few years.
Once the deal is complete, DroidSecurity will become a wholly-owned subsidiary of AVG and will remain headquartered in Tel Aviv, AVG said.
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