Under the deal, Barracuda will become a master reseller of Avast Business CloudCare, Avast Management Console and Avast Antivirus Security solutions.
Kevin Chapman, General Manager of Avast Business, said that SMEs are underserved by the market as security systems tend to be targeted to the needs of larger enterprises.
Barracuda will acquire the Managed Workplace business (a Remote Monitoring and Management Solution – RMM) from Avast to continue developing the platform and offer its MSP partners a security-centric RMM solution.
Partners using Managed Workplace and transitioning to Barracuda will benefit from this dedicated expertise and extended support capabilities, while Avast will extend its endpoint security reach into the Barracuda MSP base.
Chapman said: “We believe the best way for Avast to serve this market is to focus 100 per cent on our core mission of protecting SMBs against advanced threats and the potential losses of data, revenue and reputation caused by cyber attacks, damages from which have been predicted to reach $6 trillion annually by 2021. The master reseller relationship with Barracuda supports our security focus and is the beginning of an important long-term partnership between our two organisations.”
Barracuda Brian Babineau, SVP and General Manager said:“We are committed to the MSP marketplace, and acquiring Managed Workplace allows us to offer MSP partners a security-centric RMM solution that incorporates security requirements into a service’s daily routine. It complements the security solutions we have introduced via our MSP models, such as email protection, cloud-generation firewalls, and security awareness training.”