With this move Biodata broadens its portfolio to protect company and Government networks against objectionable website and e-mail contents.
Content security is the fastest growing business segment in IT security.
The main growth factor in this market is filter technology against dangerous and objectionable websites. Cobion has developed an automated technique based on digital picture recognition technology whereas a majority of competitors manually search for buzzwords. Some of the 30 clients using this service include Bayer, adidas, Caterpillar, the ADAC, the German Licher brewery as well as the TV production company Endemol. Last year, Biodata already acquired a 10 percent stake in the software company. The entire acquisition amounts to a total sum of approximately 19 million Euro and is mainly financed by shares from the authorised capital.