GFI Spin-Off Update: No Downside for Managed Services Providers

“The spin-out is a decision designed to allow ThreatTrack to move into the enterprise market, developing it’s high end malware detection and prevention solutions and addressing the larger private and public customer base that already uses the solutions that we have offered to date.”

“GFI retains its strong focus on SMB customers and within that its commitment to MSPs as the class of organisations that many SMB customers turn turn to manage their IT needs. ThreatTrack Security will continue to develop and maintain the VIPRE endpoint protection technology that is used within GFI MAX and we have an agreement in place that will ensure that we continue to get access to the enhancements that are made to the VIPRE technology. It is a core part of the ThreatTrack strategy to use the endpoint technology as part of its full security offering so our interests are aligned in looking to continue to use that to underpin both of our businesses.”