Norman AS splits company to maximize revenue

January 23. 2013, Lysaker, Norway: The Norwegian IT security company Norman AS will split into two independent companies. The split will strengthen each company’s position in a fast growing market.

Norman’s products and customer base within SMB will be consolidated in Norman Safeground AS. Norman’s product portfolio towards customers seeking the most advanced technological security solutions will be consolidated in Norman NG.

- Norman AS is a leading developer and pioneer within IT security and is Norway’s only pure IT security company. By splitting the company we will be able to sharpen our focus and give our different customers exactly the products and the service they require. This will give us a competitive edge, says CEO at Norman AS, Stein Surlien.

Norman Safeground AS has customers in over 180 countries and launched in Q4 2012 two new versions of Norman’s flagship products, NSS10 and NPRO 9.1, developed specifically for the Norman Safeground customer base.

This is a solid company which will now be able to concentrate fully about giving its customers the best possible customer care, one they can’t find with any other competitor. That’s important for our customers, and will help us increase our market share, says Surlien.

Øyvind Lundgreen is the new CEO for Norman Safeground AS.

Norman NG AS is a leading company within advanced analysis and identification of unknown threats. Leading analyst companies Gartner and Frost & Sullivan ranked Norman NG among top ten vendors to watch in 2012.  The company has among other products, developed a world leading technology within industrial control systems – Scada.  A strong organization has been built, both in the US with headquarters in San Diego and Europe with headquarters in Oslo. The product portfolio in Norman NG had last year a 50% growth.

The split of Norman AS was effective as of January 1. 2013.

Contacts:

Stephanie Kane
AVG Technologies
Stephanie.kane@avg.com
+ 44 7817 631016

Isabella Alveberg
Norman Safeground
Isabella.Alveberg@norman.com
+47 95730578

 

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