Sammsoft Bought for $8.5M

Redmond, WA-based Sammsoft, which makes security and privacy software for personal computers, has been acquired by (NASDAQ: SPRT), an online technology firm based in Silicon Valley, for $8.5 million in cash. The assets of Sammsoft’s parent company, Xeriton, were also acquired in the deal. Sammsoft was operated by former Microsoft employees, most of whom will be joining

Gregory T. Huang is Xconomy's Editor in Chief. E-mail him at gthuang [at] Follow @gthuang

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