Investindustrial

Panda Security (www.pandasecurity.com) is being transformed from a local operator to a multinational company by repositioning its product offering towards a more focused and larger global customer base with a broader geographical presence. In 2008 the Group identified and implemented a series of optimization including the streamlining of product portfolio, the launch of the 2009 retail collection (incorporating collective intelligence), the development of the SaaS application (the ideal console to support SOHOs and SMBs) and the development of “in the cloud” realtime security services. In 2008 the Group also significantly strengthened the management and has focused its US team re-launching the company. On this high growth market the Group also built new sales and marketing departments in Spain, continued acquiring its franchisee subsidiaries (Germany, Austria and China) and opened representation offices in Japan and Australia. Furthermore Panda launched a new online shop.