F-Secure to demerge its consumer security business.

F-Secure, a global cyber security and privacy company, is set to demerge its consumer security business. Financial terms were not disclosed. "I am really pleased to be able to announce the contemplated demerger of our consumer security business. I believe this would be the right time to pursue this change in our business to create two great companies, which would benefit from their current strong momentum. The demerger would enable us to serve our end customers even better from two separate companies, which would be more focused on the differing needs of our customers. These companies would also have different financial profiles, which would support shareholder value creation in the long term. I believe that the planned demerger would create two even more successful companies and offer new, exciting opportunities also for our employees," Juhani Hintikka, F-Secure President and CEO.