Tuesday, September 23, 2008
TA Associates Infuses $98 Million in Radialpoint
The $98 million investment in Radialpoint makes sense for TA Associates on account of several factors. First, broadband subscribers are likely to grow 12 percent to 570 million in 2012 from the present 350 million, according to Parks Associates, a leading research and analysis firm focused on the digital home environment.
Second, the Parks research says the size of the Internet Service Provider (ISP)-managed Internet security and care services will be $2.6 billion by 2012 in North America alone. Market penetration for managed Internet security services are to jump from 9 percent in 2008 to more than 17 percent by 2012.
From the article, "TA Associates Infuses $98 Million in Radialpoint" by Rajani Baburajan
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