Panda keeps on growing
Today I would like to share with you some good news about Panda…
We have announced the recent purchase of our Swedish, Finnish and UK franchises. With these additions, we now have a direct presence with our own offices in 12 countries and we will shortly be announcing the purchase of a company in China. We are also present, in the form of franchises, in another 44 countries.
Panda’s history is one of innovation in all fields. When we first embarked on our international expansion in 1995, we asked ourselves how we could expand the company globally without the financial muscle to establish ourselves in other countries.
We found the answer to the question by adopting a franchise system, operating under very specific criteria. And this system was a tremendous success. There is no doubt that this business-oriented innovation, along with the technological innovations we have fomented overtime, have helped Panda become a reference point for the market worldwide.
Over the last two years, with the entry of investment funds such as (Investindustrial, GalaCapital, HarbourVest and Atlantic Bridge) in our share capital, we have found ourselves in a very comfortable position to face the present crisis. After 20 years of success, we are now at a point where we can make the investments we need, which makes us highly competitive both on the corporate and consumer markets and from a technological and product-centered point of view. We also have a highly scalable business model that gives us the flexibility to grow.
We have also just launched our Retail 2010 product line and we are revamping our corporate solutions. And needless to say, have redoubled our commitment to Cloud Antivirus, the solution we launched last April and which has once again positioned Panda in the vanguard of security technology.
I have to say, this is possible not just thanks to our partners, but also to the whole team working tirelessly in 56 countries to make all of this possible. Can we improve? Always.
