Software Giant Symantec Buys Reston-Based Security Firm
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A company started on the whim of two longtime friends has been snapped up by the world's largest security software company.
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Security software maker announces plans to acquire Hacker Safe site certifier in a cash deal worth approximately $51 million.
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(InfoWorld) - Symantec Corp. Wednesday released a beta of its new enterprise security product, formerly code-named Hamlet, that melds technology from several of the company's acquisitions over the last few years. The product, Symantec Endpoint Protection 11.0, replaces the previous enterprise version, Symantec AntiVirus. It's a public beta, and the final version will be released around September. Symantec has decided not to charge more for the new product. "We believe the level of protection you should get for your money should be higher," said Mathew Lodge, director of product marketing for Europe, the Middle East and Africa. The EndPoint Protection suite is the culmination of a Symantec buying spree that included acquisitions of Sygate, Whole Security and Veritas. "We've spent a lot of money buying other companies," Lodge said. "We've integrated that technology into the new release." Endpoint Protection includes technology that looks at how applications behave, a way to detect if a program is doing something suspicious. For example, some malicious software programs try to download other programs from the Internet, which often is a bad sign. The suite includes other security features such as antivirus and antispyware capabilities, a firewall and host and network-based intrusion prevention technology. Another new feature is application control, which allows administrators to control what programs users can run on their machines. Also new is Symantec Network Access Control 11.0, an optional module that can be incorporated into Endpoint Protection. The feature determines whether or not to allow a mobile device to connect to the network depending on if it is a security risk, such as if the device doesnât have up-to-date patches. The module accommodates both Cisco's and Microsoft's protocols for network access control, Lodge said. It can also simply authenticate and check devices when they connect to a network and make a DHCP (Dynamic Host Configuration Protocol) request, Lodge said. Symantec also announced a new program called Storage United, which is designed to help companies better organize their data storage even if they are using different OSes and storage hardware platforms. The program revolves around three themes: next-generation data protection, storage management and information management, said Kevin Bailey, senior product marketing manager. Prominent in the strategy will be use of NetBackup, a storage platform that came from Symantec's acquisition of Veritas, Bailey said. REFERENCES: Symantec slips, but closes in on AV product delivery, May 2, 2007Symantec mobile security client delayed, May 30, 2007
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Norton Antivirus software maker Symantec merges with Veritas Software in a $13bn deal.
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Security software maker Symantec Corp. has agreed to buy Veritas Software Corp. for &#36;13.5 billion, expanding into the backup and recovery software market, the companies said on Thursday.
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NEW YORK, December 16  - Security software developer Symantec (SYMC.NAS) announced today its decision to acquire storage service provider Veritas Software in a $13.5 billion deal.
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The $830 million deal aims to bolster Symantec's end-point offerings for mobile devices, laptops, desktops and servers.
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Symantec Corp. (SYMC.O: Quote, Profile, Research) , the top global security software maker, on Thursday said it will buy Veritas Software Corp.
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Underscoring the convergence of security and storage software technology, Symantec Corp. and Veritas Software Corp. confirmed rumors when they announced Thursday that Symantec had agreed to acquire Veritas
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Symantec (SYMC:Nasdaq - news - research) Thursday said it will acquire rival software company Veritas Software (VRTS:Nasdaq - news - research)in an all-stock deal.
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Corporate computing software giant Computer Associates International Inc. said yesterday it will pay $430 million in cash to acquire Waltham data security firm Netegrity Inc.
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SYMANTEC&#39;S reported interest in acquiring Veritas Software for more than $US13 billion ($17 billion) would represent the computer security giant&#39;s biggest step yet beyond its core businesses.
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Computer Associates International Inc. will acquire Netegrity Inc. in a &#36;430 million cash deal that will merge the computer security software makers, the companies said Wednesday.
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Deal will combine Symantec&#39;s security products with Veritas&#39; storage software, resulting in reach from PCs to data centers.
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Computer security giant Symantec Corp. is buying storage and backup program maker Veritas Software Corp. in a &#36;13.5 billion deal that will create the world's fourth largest software company.
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Symantec Corp. (SYMC), the top global security software maker, on Thursday said it will buy Veritas Software Corp. (VRTS) for $13.5 billion, expanding
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Symantec Corp., the world&#39;s largest maker of anti-virus programs for computers, agreed to buy Veritas Software Corp. for $13.5 billion, the biggest software purchase in six years.