Symantec ditches low-cost antivirus from Australia-founded PC Tools
- 27 May, 2013 11:21
Symantec has killed off its line of low-cost security products from PC Tools, a vendor it acquired in 2008 from Australian entrepreneur Simon Clausen.
“We are retiring the PC Tools Security portfolio as we focus on streamlining our product range to provide fewer, better solutions for our customers,” Symantec said in a statement on an FAQ about the decision.
Products affected include PC Tools Spyware Doctor, PC Tools Spyware Doctor with AntiVirus and PC Tools Internet Security.
Symantec will continue to provide threat updates and support for existing PC Tools subscriptions but is urging customers to move to Norton Internet Security (NIS) and is offering a 50 per cent discount that brings the cost of its own product down to US$39.99.
PC Tools Utilities products, such as Registry Mechanic and Performance Toolkit, are not affected by the consumer line consolidation.
Symantec paid $262 million for PC Tools, which it remained an independent brand that would be used to reach consumers in emerging regional markets. The US list price for PC Tools antivirus 2012 was US$39.99 compared with US$79.99 for NIS.
Clausen left Symantec in 2009 and has since launched VC fund Startive Ventures.