Kaspersky Labs

Maija Palmer

Kaspersky Labs is one of a group of European IT security companies that has been talking about floating since at least 2007. But Eugene Kaspersky, the company’s founder and majority shareholder, has now announced the company is planning to stay private after all.

He is buying back the 20 per cent stake General Atlantic bought in the company a year ago, and preserving all the freedom and flexibility that unlisted status affords.