A Manchester-based software specialist which helps global companies protect themselves from cyber threats has been acquired by a US technology group.

Avecto, which turned over £23.5m in its latest accounts, was founded in 2008 by entrepreneurs Mark Austin and Paul Kenyon, who shared a vision of stopping cyber attacks, without stopping employee productivity.

Now operating from offices in the UK, US and Germany, the company's Defendpoint technology protects more than eight million users across the globe, including many of the world's biggest companies, allowing organisations to stop insider and external attacks as well as achieve compliance and improved operational efficiency. Read more.