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Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach

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Combined company will bring a unique combination of eCommerce and subscription management solutions to market through various payment models across the globe.
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Best Partner for Kaspersky

Avangate Wins Kaspersky Lab Best Partner of the Year, Emerging Markets - Award

Top Security Solution Provider Recognizes Strong eCommerce Partnership with Avangate in Eastern Europe, Middle East and Africa

Vasiliy Dyagilev, Managing Director, Emerging Markets for Kaspersky Lab, giving the Best Partner of the Year, Emerging Markets Award to Laurentiu Ghenciu, VP, EMEA Sales at Avangate

Redwood Shores, CA - June 21th, 2012 - Avangate, the agile eCommerce service provider trusted by thousands of Software and SaaS companies to grow their businesses worldwide through any channel and any model, was recently recognized as "Best Partner of the Year" by Kaspersky Lab at the 2012 Emerging Markets Partner Conference in Sicily, Italy.

"Avangate has been a reliable and highly efficient partner, and we were very proud to recognize them in our Partner Awards Gala for Emerging Markets," said Vasiliy Dyagilev, Managing Director, Emerging Markets for Kaspersky Lab. "We work in a fast-paced and extremely competitive industry where it's crucial to deliver excellent customer experience while continuously expanding the product offering in new markets. Avangate has not only provided us with a strong, agile platform, but also with the necessary expertise to help us succeed in the emerging markets of Eastern Europe, Middle East and Africa."

Kaspersky Lab, a leading global vendor of security solutions for endpoint users, selected Avangate as its best partner amongst participants from 57 countries. Avangate was recognized for its rapid speed of deployment - launching three fully localized digital stores in only 6 weeks - and significant role in shaping the Kaspersky's online shopper experience in each of these highly localized markets. All stores have been customized to support the native languages, currencies, buyer behaviors and service needs of Kaspersky Lab's rapidly growing EMEA customer base.

"It is an honor to be awarded by Kaspersky Lab for our support of their efforts in emerging markets, and a great validation of our ability to effectively address software buyers' needs anywhere in the world," said Laurentiu Ghenciu, Vice President, EMEA Sales at Avangate. "Our teams have collaborated closely with Kaspersky to meet their ambitious go-to-market targets in EMEA. We look forward to a continued successful partnership."

Avangate's Enterprise Edition platform was further recognized by the Software & Information Industry Association, CODiE Awards as one of the "Best Electronic Commerce Solutions" and was named a Red Herring "Top 100 Europe" technology company in 2012. To learn more about how Avangate can grow your software sales, visit our interactive tour and follow our blog for tips on marketing, channel management, eCommerce and the business of software.

About Kaspersky Lab

Kaspersky Lab is the world's largest privately held vendor of endpoint protection solutions. The company is ranked among the world's top four vendors of security solutions for endpoint users*. Throughout its 15-year history Kaspersky Lab has remained an innovator in IT security and provides effective digital security solutions for consumers, SMBs and Enterprises. The company currently operates in almost 200 countries across the globe, providing protection for over 300 million users worldwide.
Learn more at www.kaspersky.com.

*The company was rated fourth in the IDC rating Worldwide Endpoint Security Revenue by Vendor, 2010. The rating was published in the IDC report Worldwide IT Security Products 2011-2015 Forecast and 2010 Vendor Shares - December 2011. The report ranked software vendors according to earnings from sales of endpoint security solutions in 2010.

About 2Checkout (formerly Avangate)

2Checkout, a Francisco Partners portfolio company, is the digital commerce & payments provider that helps companies sell their products and services via multiple channels, acquire customers across multiple touch points, increase customer and revenue retention, leverage smarter payment options and subscription billing models, and maximize sales conversion rates. The company’s clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, and many more companies across the globe.

Avangate acquired 2Checkout in March 2017. More information about 2Checkout’s Avangate platform and related services can be found on www.avangate.com.

More information on 2Checkout can be found on www.2checkout.com

Media Contact

For media & PR inquiries related to Avangate, please contact:

Delia Ene, Avangate

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