Panda Expands to Silicon Valley

Panda Security has recently announced its new office in Silicon Valley, which focuses on cloud protection. A Panda security press release stated that “The Panda Cloud Protection product line, which secures endpoints and servers, email and Web threat vectors, has grown well above the industry average growth rate for cloud-based security services. Income from these products grew 65 percent over the previous year and now represents 15 percent of the company’s total worldwide revenues. Panda expects this number to exceed 20 percent by the end of 2011.”

The new office in California will work alongside the company‚Äôs base in Orlando, Florida to found a Panda Security presence in the U.S. The president of the company Rick Carlson said that “The Orlando headquarters will benefit greatly by having a team on the ground in Silicon Valley to elevate the Panda brand even further and build on the strong foundation we already have established with SMBs and their managed service providers.”

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