RealDefense Acquires Support.com From Parent Company Greenidge Generation Holdings, Inc.; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
RealDefense, a company specializing in consumer security, privacy, and productivity software, has acquired Support.com from Greenidge Generation Holdings, Inc. (NASDAQ:GREE). The acquisition is part of RealDefense's M&A strategy to expand its service offerings. The deal includes Support.com's customer base, call center operations, and its remote IT support technology platform and services businesses.
July 13, 2023 | 5:03 pm
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NEUTRAL IMPACT
Greenidge Generation Holdings has sold Support.com as part of an acquisition by RealDefense. This could potentially impact Greenidge's short-term financials.
The sale of Support.com by Greenidge Generation Holdings to RealDefense could potentially impact Greenidge's financials in the short term. However, without specific financial terms disclosed, it's difficult to predict the exact impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75