Crossrider Buys PC Maintenance Product DriverAgent For USD1 Million

LONDON (Alliance News) - Digital advertising company Crossrider PLC on Monday said it has ...

Alliance News 24 October, 2016 | 9:18AM
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LONDON (Alliance News) - Digital advertising company Crossrider PLC on Monday said it has acquired PC maintenance software product DriverAgent from eSupport.com Inc for USD1.0 million.

The deal, Crossrider said, will boost its business-to-consumer presence and the growth of its app distribution business.

DriverAgent is a device driver search and update service which scans PCs for outdated drivers and is designed for Microsoft Windows operating systems.

"This is a first bolt-on acquisition for Crossrider as we accelerate our growth into the online product and distribution space," said Ido Erlichman, Crossrider's chief executive.

Shares in Crossrider were up 4.7% to 36.65 pence on Monday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Crossrider PLC 162.00 GBX 8.36 -

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