[June 13, 2013] Czech Republic : AVG to invest in LPI LEVEL PLATFORMS [TendersInfo (India)] Tweet (TendersInfo (India) Via Acquire Media NewsEdge) AVG Technologies, a provider of internet and mobile security has agreed to buy the business of LPI Level Platforms, a remote monitoring and management software firm. The purchase will boost AVG s cloud-based services model by adding LPI Level Platforms Managed Workplace software to AVG CloudCare, integrating products like RMM and Mobile Device Management (MDM). Also, it will considerably expand AVG s distributor network by adding more than 1,500 active LPI Level Platform Managed Service Providers (MSP) partners. AVG hopes USD 5 million of subscription revenue related to the deal in the second half of this year, which is likely to be neutral to non-GAAP earnings. (c) 2013 Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company [ Back To TMCnet.com's Homepage ]