Spyglass acquires SurfWatch Software

Spyglass today said it will acquire SurfWatch Software for $12.6 million.

Spyglass today said it signed a definitive agreement to acquire SurfWatch Software, a vendor of filtering and parental control software, for $12.6 million.

SurfWatch employees and operations will become a product group of Spyglass and the core of Spyglass's West Coast research and development organization.

SurfWatch was founded in March 1995 and is one of the first companies to develop software that allows parents to block online material they deem inappropriate.

SurfWatch filtering technology will be used in Spyglass's Web Technology Kits, which allows companies to use their applications, services, and devices on the Web. Spyglass has agreements with 72 companies, including Computer Associates, Oracle, and IBM.

Related story:
RealAudio coverage: CNET Radio