Commtouch Software Ltd. (CTCH) said on Tuesday that it has entered into a definitive asset purchase deal to acquire the assets, products, licenses, and operations of the Command antivirus division of Authentium, Inc.
Commtouch is expected to pay $4.6 million in cash and an additional 'earnout' contingent upon the achievement of certain revenue milestones through December 31, 2011, which may bring the total amount to approximately $8 million.
The company said that the acquisition is expected to be accretive starting the first quarter post-closing, and should contribute positively to Commtouch's non-GAAP top and bottom line in 2011. The acquisition will also allow Commtouch to accelerate its rate of growth in revenues and profits.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.