Romanian software producer Bitdefender takes over French peer Profil Technology

By bne IntelliNews January 18, 2017

Romanian security technology company Bitdefender has acquired its French peer Profil Technology as part of its expansion strategy on the corporate segment. 

The terms of the deal were not announced, but the takeover is the largest step of this kind taken by the Romanian company. It follows investments in other European countries last year. 

"Bitdefender's consolidated positioning in France will help the company grow its share of the French enterprise and consumer markets, with a team of 50 sales and marketing professionals and a French-speaking support organisation," Bitdefender said in a January 17 press release.

“France is a key focus market for the company’s future,” said Bitdefender’s CEO and founder Florin Talpeș.

In 2016, the company established a local presence in Italy and Sweden, while its partner network membership has more than doubled in the past two years. According to to Talpes, Bitdefender is currently interested in investing in Romanian startups.

Bitdefender plans to attract a minority investor and also has listing plans in 2017, possibly on the London Stock Exchange, Talpeș told the Sunday Telegraph on October 29.

Bitdefender’s rivals include Norton, owned by American company Symantec, McAfee which is part of Intel, Kaspersky of Russia, Trend Micro and Sophos.

Bitdefender’s turnover rose by 54% y/y to €85.7mn in 2015. Out of this, 97.7% were revenues from exports.

The firm was founded by Romanian entrepreneurs Talpeș and his wife Mariuca. Formally, it is controlled through Dutch-registered Bitdefender Holding BV.

Related Articles

IPO of Romania’s RCS&RDS completed at low price

The 21.7% IPO of Digi Communications, the parent company of Romanian diversified telecoms company RCS&RDS, was completed at the price of RON40 (€8.78), the deal intermediaries informed ... more

South Africa’s MTN to invest $350mn in Iranian broadband

South Africa’s MTN said it has agreed, on a non-binding and preliminary basis, to invest an initial $350mn into Iranian fixed broadband provider Iranian Net. The investment will give ... more

Turkish court rejects Wikipedia appeal over blocked site access

An Ankara court on May 5 rejected an appeal lodged by Wikipedia to lift the ban on access to the online encyclopaedia introduced on April 29, state-run news service Anadolu reported. The ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss