Intel invests in Czech security company

Wednesday, 7 September 2005, 12:53 PM EST

The venture capital arm of chip maker Intel has invested $16 million in Grisoft s.r.o., an antivirus software company based in the Czech Republic, Intel announced Monday.

Grisoft's AVG antivirus software is available for both home and business users and is used on 25 million computers around the world, Intel said in a press release. The competition council of the Czech Republic must approve the investment, it said.

By Tom Krazit at InfoWorld.

[ Read more ]




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