Sophos, a world leader in corporate anti-virus protection, has
announced the appointment of Ajit Nedungadi to its UK Board.
Nedungadi, who is a Vice President at TA Associates, the leading US
private equity firm which made a £41 million minority investment in
Sophos in May 2002, joins Sophos as a non-executive director. He
will help steer the UK-based anti-virus company's increased drive
in global markets, particularly the US.
"Nedungadi's considerable experience of helping technology firms
to prosper in highly competitive markets makes him an ideal
addition to the Sophos board," said Peter Lammer, CEO of Sophos
Anti-Virus. "His appointment will help Sophos further capitalise on
the growing global demand for anti-virus protection."
"Sophos has an award-winning product backed up with superior
customer support - these elements have helped the company
experience considerable success," said Nedungadi. "Going forward,
we're aiming to build on this foundation and generate further
growth and profitability in all regions across the globe."
In his role for TA Associates, Nedungadi specialises in equity
investments in profitable growth technology companies. Along with
serving on the Sophos board, he also holds board positions with
Escher Group, Ltd. and netNumina, Inc. Prior to joining TA,
Nedungadi was at Trilogy Software. He holds an MBA from Harvard
Business School and a BSc from Yale University.
Sophos is headquartered in the UK, with subsidiaries and branch
offices in the USA, Australia, Japan, France, Italy, Germany and
Singapore. Sophos focuses exclusively on the corporate marketplace.
Its products protect companies' key IT infrastructures against
computer viruses and worms.
About TA Associates
Founded in 1968, TA Associates is one of the largest and most
experienced investors in technology recapitalisations and
management buyouts in the US. With offices in Boston, Menlo Park,
and Pittsburgh, TA manages over $5 billion in capital and has
invested in more than 330 companies. TA Associates provides growth
equity capital and management buyout financing for technology,
financial services and healthcare related businesses. More
information about TA Associates can be found at www.ta.com.