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Commtouch to acquire FRISK Software International's antivirus business

Commtouch announced it has signed a definitive agreement to acquire Iceland-based FRISK Software International's antivirus business. The acquisition allows Commtouch to utilize FRISK's staff and IP to dramatically accelerate its launch of white label antivirus solutions for the OEM market. It will also enable Commtouch to provide more services and applications, as well as enhance the company's SaaS capabilities. The deal is subject to customary closing conditions and is expected to close by the end of Q3 of 2012.