EagleTree Capital Buys Majority Share in CORSAIR in a Transaction Valued at $525 Million

July 28, 2017

Partners with Founder-led Management Team to DriveContinued Innovation and Propel Next Stage of Growth

BENGALURU, India / Fremont, CA and New York, NY July 27, 2017 – CORSAIR®, a world leader in high-performance PC components, gaming peripherals, and enthusiast memory, announced today that EagleTree Capital (“EagleTree”), formerly Wasserstein Partners, has reached a definitive agreement in partnership with current management to acquire a majority stake in CORSAIR from Francisco Partners and several minority shareholders. As part of the transaction, CORSAIR founder and Chief Executive Officer Andy Paul will maintain a sizable equity stake in the Company and continue in his role as CEO. IMCO (Investment Management Corporation of Ontario) and the Honeywell pension are also co-investing alongside EagleTree, which is acting on behalf of its private equity fund EagleTree Partners IV.

Founded in 1994, CORSAIR has grown from a single performance memory product line into a leading global provider of high performance branded computer products, including memory, components, peripherals, and complete systems. The company’s diverse portfolio of premium PC gaming products serves the high-growth PC gamer market, and the products are available through distributors and retailers in over sixty countries worldwide.

We are excited about the opportunity to partner with EagleTree and leverage the team’s consumer products expertise to further accelerate our progress,” said Andy Paul, Founder and CEO of CORSAIR. “We are very fortunate to have attracted such experienced investment partners. EagleTree’s backing will allow us to continue to focus first and foremost on our loyal and passionate customers, and accelerate our investment in innovation and new technology and products to enhance the quality experience that enthusiasts and gamers have come to expect from us.”

This is a transformative time in the PC gaming industry. A rapidly growing global gamer population, together with the rise of eSports and streaming, has made PC gaming one of the world’s most dynamic industries,” said George Majoros, Jr., CoManaging Partner of EagleTree. “CORSAIR is the undisputed leader in PC gaming hardware and has built a strong brand on a foundation of quality, innovation and an unwavering commitment to its passionate fans. We look forward to working with Andy and CORSAIR’s talented management team to maintain the company’s focus on innovative products, to expand into new markets, and to pursue selective transactions.”

It has been our pleasure to partner with Andy and the team at CORSAIR. They have built an incredible company and are well positioned for continued success,” said Andrew Kowal, Partner at Francisco Partners. “We wish the company and EagleTree all the best in their next chapter of growth.”

Francisco Partners was a great partner to CORSAIR over the last several years,” added Andy Paul. “Their counsel helped us accelerate our strategic objectives to diversify and deepen our product portfolio, realize an expanded global footprint, reinforce and focus our brand, and strengthen our financial position.”

The transaction is expected to close in the next several months, subject to customary closing conditions.

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About CORSAIR

Founded in 1994, CORSAIR supplies high-performance products purchased primarily by PC gaming enthusiasts who build their own PCs or buy pre-assembled customized systems. The company’s award-winning products include DDR3 and DDR4 memory, computer cases, PC cooling products, power supply units, mechanical keyboards, gaming mice, gaming headsets, USB flash drives, solid-state drives and system monitoring and control devices. For more information, visit: www.corsair.com

About EagleTree Capital

EagleTree Capital, formerly Wasserstein Partners, is a leading independent private equity and investment firm, focused primarily on leveraged buyout investments and related investment activities. EagleTree manages capital on behalf of institutional and individual investors. The firm is focused on investments primarily in the media and communications, consumer products, and water and industrial sectors. EagleTree is located in New York. For more information, visit: www.eagletree.com


eScan reaches out to its Channel Partners with its Vision 2020

July 27, 2017

NEW DELHI, India – July 27, 2017  – eScan – Total Security Solution, inaugurated its Vision 2020 road map at New Delhi, amidst leading channel partners from north India with a pledge to achieve the leadership position in India by 2020. The event was held in association with KK Software, eScan’s national distributor for its AV SKU product. This event was held at Radisson Blu, New Delhi on 22nd July, 2017.

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The event was inaugurated by lighting the lamp for an auspicious beginning of the Vision 2020 journey. Mr. Rahul Joshi – AVP National Sales (Retail and SMB products), shared his vision of driving eScan to be the top anti-virus brand in India by 2020. He also shared the strategic initiatives by eScan for channel partners for mutual growth and great business opportunity. The partner meet was attended by over 120 exclusive partners from across North India.

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In its endeavor to recognize and reward the partners, who contributed towards the growth of eScan as a brand in their respective regions, Mementos and Trophies were awarded by Mr Sunil Kripalani – Sr. Vice President – Global Sales and Marketing, Mr. Rahul Joshi – AVP National Sales, and Mr Kamlesh Jha – CEO KK Software. The winning partners were elated to receive the awards and pledged their allegiance to eScan.

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As an exclusive eScan National Distributor for eScan AV SKU, KK Software announced attractive new channel schemes for the period July to August 2017 wherein partners can win exciting prizes such as Honda Activa, Trip to Bangkok, Trip to Goa and many more such lucrative rewards.

Mr Rahul Joshi, AVP, Sales, eScan said, “As part of our Vision 2020, eScan is rapidly changing and expanding its foot prints to reach out to every nook and corner of India. We are also adopting technology and product innovations to stay ahead of competition and build one of the strongest IT Security brands that channel would witness stands at par with global peers. We look forward to the unhindered commitment from our channel partners towards this mutually beneficial growth journey.”

Mr Kamlesh Jha, CEO, KK Software said, “We are very happy and excited to be with eScan for last 5 years and we are looking forward to be part of its growth journey and put our best efforts to support vision 2020. We look forward to the coming times where we will flourish together.”

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About eScan

eScan is an ISO (27001) certified pure play enterprise security solution company with over 2 decades of expertise in developing IT security solutions. eScan today has a presence in 12 countries through its offices and subsidiaries. It also boasts of a robust channel partner network of more than 50, 000 partners spread across 190 countries worldwide. It is trusted by more than 6,500 enterprise and corporate users spread across various industry segments such as Government, BFSI, Education, Defense, Telecom, IT & ITeS, Infrastructure, Hospitality, and Healthcare worldwide.

It is powered by some of the latest and innovative technologies, such as Proactive Behavioral Analysis Engine (PBAE) Technology, MicroWorld Winsock Layer (MWL) Technology, Domain & IP Reputation Check (DIRC) Technology, Non-Intrusive Learning Pattern (NILP) Technology, and sophisticated Anti-Virus Heuristic Algorithms that not only provide protection from current threats, but also provides proactive protection against the ever-evolving cyber threats. eScan provides 24×7 free remote support facility to help its esteemed users to provide real-time solutions for security related issues. For more information, visit www.escanav.com


AV-TEST Certifies eScan Internet Security Suite as TOP Rated Product

July 27, 2017

MUMBAI, India – July 27, 2017 – eScan’s Internet Security Suite for Windows received the coveted AV-TEST certificate as Top Rated products among its peers. The test was conducted in May and June 2017 period for Windows based security software for home users.

The results showed that eScan Internet Security Suite, successfully protected against zero-day malware attacks and real world threats in the test conducted by AV-TEST. eScan’s R&D team strives hard to keep ahead of the fast changing cyber threat landscape and putting relentless efforts towards development of innovative and state of the art technologies to provide real time protection for its users.

eScan and its various futuristic technologies have consistently performed the best in detecting and protecting users from downloading/installing rouge software. The tests conducted by AV-Test in May and June, have described eScan as one of the most user-friendly and effective protection providers for Windows OS Home Users. eScan has also stood out on the basis of its added features offered in the product and usability.

eScan Internet Security Suite with Cloud Security for Home and Small Office Edition is a specially designed security solution that provides real-time protection for computers and laptops from growing cyber threats, such as Viruses, Spyware, Adware, Key loggers, Rootkits, Botnets, Hackers, Spam and Phishing. eScan ISS protects a user’s personal information and ensures safe computing environment to the whole family when browsing the internet, shopping online, performing online transactions or social networking.

Assessment of tests was on 3 factors and eScan scored the highest with the below:

  • Protection: Protection against malware infections (such as viruses, worms or Trojan horses)
  • Performance: Average influence of the product on computer speed in daily usage
  • Usability: Impact of the security software on the usability of the whole computer (lower values indicate better results)

On receiving this award, Mr Govind Rammurthy, MD and CEO, eScan said, “It reinstates our faith in building state of the art security solutions at par with global peers and also successfully stands the stringent tests conducted by AV-Test to qualify as the Top Rated Product. Our commitment for providing a fast & secure online experience drives our passion to continuously enhance our product and its features to defend against the growing cyber threat.”

An advanced security solution, eScan Internet Security and Total Security Suite offers total protection against Internet threats, thereby improving the overall performance of the computer and ensuring integrity of data. This specially designed security solution ensures safe computing environment while browsing Internet, shopping online, performing online transactions, or social networking. The secured computing environment provided by this award winning product can be experienced from the below link: http://www.escanav.com/en/windows-antivirus/internet-security-suite.asp

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About eScan

eScan is an ISO (27001) certified pure play enterprise security solution company with over 2 decades of expertise in developing IT security solutions. eScan today has a presence in 12 countries through its offices and subsidiaries. It also boasts of a robust channel partner network of more than 50, 000 partners spread across 190 countries worldwide. It is trusted by more than 6,500 enterprise and corporate users spread across various industry segments such as Government, BFSI, Education, Defense, Telecom, IT & ITeS, Infrastructure, Hospitality, and Healthcare worldwide.

It is powered by some of the latest and innovative technologies, such as Proactive Behavioral Analysis Engine (PBAE) Technology, MicroWorld Winsock Layer (MWL) Technology, Domain & IP Reputation Check (DIRC) Technology, Non-Intrusive Learning Pattern (NILP) Technology, and sophisticated Anti-Virus Heuristic Algorithms that not only provide protection from current threats, but also provides proactive protection against the ever-evolving cyber threats. eScan provides 24×7 free remote support facility to help its esteemed users to provide real-time solutions for security related issues. For more information, visit www.escanav.com


NetRack Receives Overwhelming Response at DCD Conference, Unveils iRack Block

July 26, 2017

NetRack stressed on use of eco-friendly technologies, makes a strong statement with iRack Block

BENGALURU, IndiaJuly 26, 2017 – NetRack, a leading solution provider for data centers and end-to-end IT server racks, displayed iRack Block, specially designed for in-house data center and infra capsules at the Datacenter Dynamics (DCD) converged conference in Bangalore.

Besides, a vivid demonstration of iRack Block, an insightful session was given by Mr. Ravi Raj, Brand Head, Director Sales & Support at NetRack on Airflow Management. Delving the advantages of iRack Block and the importance of Airflow management in the data center, Ravi Raj, Brand Head, Director Sales & Support at NetRack said “Today IT infrastructure are becoming compact as well as complex. Multiple cables, switches, servers add woes to the data centers. Effective usage of hot aisle containment or cold aisle containment can help a lot in saving cost and increasing productivity from your IT infrastructure.

For small setups we come up with iRack Block supported by Climaveneta’s unique In-Rack cooling unit which works on inverter scroll technology, this advanced technology helps in reducing the cost and increasing the efficiency as the compressor modulates the frequency based on the heat load inside the Rack.”

Straining on the importance of going green and adopting environment friendly practices, NetRack’s iRack Block series uses the R410a refrigerant which helps in reducing the carbon footprint and is eco-friendly in nature.

Aimed to revolutionize the data center infra capsule, iRack Block is equipped with multiple ‘intelligent’ features and configured with self-cooled, self-contained and self-powered features. The In Row unit used here is 300mm wide taking bare minimum space and can be configured from 7kW to 55kW, depending upon the datacenter requirements. The Racks are IP 50 rated and can bear load capacity up to 1500Kgs.

To complete intelligence in iRack Block, NetRack integrate a PAC Unit, UPS & battery bank, Intelligent PDU for power, surveillance & environmental management, KVM & console for server management, Intelligent rack access for physical security .

We always strive to bring the best of our products to this gathering and we are pleased to receive such an overwhelming response for our environment friendly initiative this year at Datacenter Dynamics Converged Conference.” he added.

NetRack is an ISO 9001:2008 certified company and has also received the ISO 14001:2004 Environmental Management Systems certification and OHSAS 18001:2007 certification for Occupational Health and Safety Management Systems. NetRack’s most of the products are comprised with UL certification that assures best-in-class products for the data center requirements.

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About NetRack

NetRack Enclosures foresees itself as a single window solutions provider for all data, network and server related concerns. NetRack’s mission is to deliver time bound quality products that are superiorly designed and precision engineered to perfection, to help the customers overcome their constraints while enabling scalability and increased performance at a reduced cost. NetRack guarantees to offer its clients good customer support services for problem solving and better relations.

Improved customer relations, employee welfare and transformation at all levels to achieve more than what they have achieved so far. The company wishes to upgrade itself through research and development of newer technologies for enhanced performance, scalability and cost effective products to cut costs to the customer. To know more, please visit www.netrackindia.com

About Datacenter Dynamics Converged

DCD brings together professionals from the data center industry to share ideas and discuss challenges related to performance, resilience, energy efficiency, cloud security, cybercrime and green IT. The DCD conference has been organized to help IT professionals to gain valuable insights on these upcoming trends and share their experiences and knowledge on industry.


eScan’s Corporate 360 bags AV Comparatives’ “Real World” Protection Test Certification

July 25, 2017

MUMBAI, India – July 25, 2017 – eScan – the Enterprise Security Solution provider has received the most sought after AV-Comparatives’ “Real World” Protection Test certification for eScan Corporate 360. The test was conducted for February – June 2017 period, eScan Corporate 360 successfully cleared the stringent test by providing advanced level protection against malwares and malicious sites for PCs and laptops.

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The “Real World” Protection test by AV Comparatives evaluated the real-time protection capabilities with standard default settings (incl. on-execution protection features) of eScan Corporate 360. The product successfully blocked malware and Trojans infections. It has cleared the rigorous and most comprehensive tests with 398 live cases. These test-cases covered a wide range of current malicious sites and checked the capabilities on real case scenarios for the protection level and product features.

The test environment covered the process of accessing the URL (website), downloading the file, formation of the file on the local hard drive, file access and file execution and the product’s ability to protect the PC along with the signature based and heuristic detection abilities. eScan Corporate 360 showed consistent performance in detecting and protecting users from download/installation of rouge software either automatically or by mistake. The product has been awarded for its robustness in protection, its latest features and usability such as web protection and high detection rate without reducing the system performance.

On receiving this award, Mr Govind Rammurthy, MD and CEO, eScan said, “With the rise in the number of global threats in enterprises and corporate segments, our R&D team is continuously striving hard to stay ahead in providing robust security solutions to defend emerging cyber threats. We are elated to receive the “Real World” Protection certification as an endorsement to our effort in providing advanced level security solutions to protect endpoints and networks.

eScan Corporate 360 is comprehensively layered security solution that allows corporates to manage risk and protect your critical infrastructure efficiently. eScan Management Console (EMC) module has been upgraded with Secure Web Interface that facilitates dynamic security management of the server, endpoints and Mobile devices in the corporate network. It is an excellent combination of advanced and futuristic technologies that is platform agnostic and protects endpoints in the corporate network. It also includes enterprise mobility management (EMM) solution which is specifically designed with an aim to facilitate administrator to remotely monitor, secure and manage all Android-based devices in the network.

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 About eScan

eScan is an ISO (27001) certified pure play enterprise security solution company with over 2 decades of expertise in developing IT security solutions. eScan today has a presence in 12 countries through its offices and subsidiaries. It also boasts of a robust channel partner network of more than 50, 000 partners spread across 190 countries worldwide. It is trusted by more than 6,500 enterprise and corporate users spread across various industry segments such as Government, BFSI, Education, Defense, Telecom, IT & ITeS, Infrastructure, Hospitality, and Healthcare worldwide.

It is powered by some of the latest and innovative technologies, such as Proactive Behavioral Analysis Engine (PBAE) Technology, MicroWorld Winsock Layer (MWL) Technology, Domain & IP Reputation Check (DIRC) Technology, Non-Intrusive Learning Pattern (NILP) Technology, and sophisticated Anti-Virus Heuristic Algorithms that not only provide protection from current threats, but also provides proactive protection against the ever-evolving cyber threats. eScan provides 24×7 free remote support facility to help its esteemed users to provide real-time solutions for security related issues. For more information, visit www.escanav.com


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