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

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