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Avast Software to buy rival AVG for $1.3bnSecurity software company Avast Software said it would buy Dutch rival AVG Technologies for $1.3 billion in cash to expand its presence in the emerging markets. Avast said it will pay $25 per AVG share, representing a 33 percent p More… |
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Saudi ICT spending to top $35bn in 2016Digital transformation initiatives adopted by organisations across Saudi Arabia to optimize costs and improve business process efficiencies will drive ICT spending in the kingdom to reach $35.9 billion in 2016, a report said. &nbs More… |
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Saudi ICT spending to top $35bn in 2016Digital transformation initiatives adopted by organisations across Saudi Arabia to optimize costs and improve business process efficiencies will drive ICT spending in the kingdom to reach $35.9 billion in 2016, a report said. &nbs More… |
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Crayon named first 5nine reseller in regionCrayon Middle East, a leader in software asset management and volume licensing services has been appointed as a reseller for 5nine Software, a top hyper-V virtualization security provider, in the Middle East, Turkey and Africa. Th More… |
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Symantec to sell Veritas for $8 billionNorton antivirus software maker Symantec Corp has agreed to sell its data storage unit, Veritas, for $8 billion to a group led by Carlyle Group LP as it seeks cash to turn around its core security software business. The deal, the More… |
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GCC security software market growing at 14pcThe security software market in GCC is set to expand at a compound annual growth rate (CAGR) of 14.3 per cent until 2016, according to an analysis from International Data Corporation (IDC). These increased efforts come as the GCC& More… |
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OpenTrust appoints I(TS)2 Saudi distributorParis-based OpenTrust, an IT security software publisher, has named I(TS)2, a leading provider of integrated security solutions and consulting services in the Middle East, its software distributor in Saudi Arabia. OpenTrust's end More… |
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Trend Micro rolls out new security softwareTrend Micro has unveiled the latest version of its advanced security software that protects operating systems, applications and data on physical, virtual and cloud servers, and virtual desktops. The launch of Trend Micro Deep Security More… |
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Intel to buy McAfee for $7.68 billionIntel Corp said it would buy security software maker McAfee for $7.7 billion to capitalise on rising demand for better safeguards for laptops, smartphones and tablets. Intel will pay $48 per share in cash for McAfee in its biggest acquisit More… |
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Firms warned against data leaksBusinesses in the Middle East must look closely at the dangers and costs of data loss on their bottom line, said en expert. Certain industry sectors across the region have already started to seriously consider and take action when it comes More… |
