Untangle buys eSoft, moves it to Westminster
Last Updated: 11:45 December 16, 2013
Untangle Inc. in Sunnyvale, California acquired eSoft for an undisclosed amount.
Nine people in sales, technical support and operations stayed on with eSoft, while four left the company, said Bud Michael, whose new title is executive vice president of Untangle. Michael formerly was eSoft's president and chief executive.
ESoft moved to 1490 South 121st St., Suite 205, Thursday, Dec. 5, in connection with the deal, Michael said.
Untangle bought eSoft Inc.'s assets to expand its reach in the small-business market, said Amy Abatangle, vice president sales and marketing at Untangle. ESoft's products and its website will continue on - branded with the "eSoft, an Untangle company" tagline, she said. ESoft customers will continue to be supported through the Westminster office.
ESoft was founded in 1984 by Philip Becker. In 2010, the company spun off its Web database security protection assets for an undisclosed cash amount. The eSoft board and shareholders took the assets of the Web database security protection business, named the company zvelo Inc., and moved the headquarters to Greenwood Village.
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