US-based online antivirus service provider VirusTotal has been taken over by technology major Google Inc (NASDAQ:GOOG), the target company said in its official blog without providing financial details.
VirusTotal said that through the deal it will be able to enhance the power and speed of its malware research tools. The firm will also benefit from Google’s infrastructure allowing it to improve its service.
The small company will continue to function independently and will keep its collaborations with other antivirus firms and security specialists.
The latest deal follows a string of takeovers Google carried out in 2012. In August, the search engine major took over social marketing start-up Wildfire reportedly paying some USD250m (EUR195.6m). In July, the US technology giant took over France-based email app start-up Sparrow.
Technology-related news provider The Verge cited informed sources as saying that the deal was valued at below USD25m and that Google did not have competition during the acquisition process. A month earlier, Google bought office productivity solutions provider Quickoffice Inc with the aim to integrate it into its Apps product suite.
In May, Google wrapped up its USD12.5bn acquisition of mobile devices maker Motorola Mobility Holdings Inc (NYSE:MMI). Through the deal, Google gains the ability to boost its Android ecosystem and enhance competition in mobile computing, with Motorola remaining an Android licensee and Android remaining open, the buyer has previously said.
Dutch port operator APM Terminals BV, part of Danish shipping group AP Moller-Maersk A/S (CPH:MAERSK-B), said today it will acquire a 37.5% stake in Russian container terminals operator Global Ports Investments Plc (LON:GLPR).
APM has agreed to buy the stake from Transportation Investments Holdings Limited (TIHL), also known as N-Trans, which currently has a 75% stake in Global Ports. The deal values the latter’s entire share capital at about USD2.3bn (EUR1.8bn) and represents the largest foreign direct investment in the transportation sector of Russia to date.
Through the stake buy, APM will receive three container terminals in Russia and two in Finland as well as one inland container depot in the vicinity of St Petersburg plus a major oil and oil products terminal. The parties expect to close the transaction by the end of the year after they secure all necessary approvals.
APM CEO Kim Fejfer said he believes that the move would bring value to the company’s shipping clients today and create more opportunities to accommodate their future growth. APM’s vice president of strategy and business development, Francois-Xavier Delenclos, noted that the partnership will strengthen the company’s long-term business development strategy of boosting presence in high-growth markets.
Cyprus-based and Russia-focused Global Ports booked an adjusted EBITDA of USD282m on revenues of USD501m last year. The firm’s chairman of the board Nikita Mishin believes that Global Ports will further enhance its leadership in its markets by making use of APM and N-Trans’ expertise.