Microsoft Corp. today announced that it has acquired GIANT Company Software Inc., a provider of top-rated anti-spyware and Internet security products. Microsoft will use intellectual property and technology assets from the acquisition to provide Microsoft® Windows® customers with new tools to help protect them from the threat of spyware and other deceptive software. In addition, key personnel from GIANT Company will be joining Microsoft's security efforts.
"Spyware is a serious and growing problem for PC users, and customers have made it clear that they want Microsoft to deliver effective solutions to protect against the threat," said Mike Nash, corporate vice president of the Security Business and Technology Unit at Microsoft. "Through this acquisition we're excited to be able to provide near-term relief to Windows customers by offering new technology to help keep spyware and other deceptive software off their PCs."
News source: Microsoft Press Release
