Symantec to acquire security firm @stake
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Says buy will improve consulting contacts and provide products to help recover lost passwords and improve site security.
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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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Symantec Corp., the world&#39;s largest maker of anti-virus programs for computers, agreed to buy Veritas Software Corp. for $13.5 billion in stock, the biggest software purchase in six years.
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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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Computer Associates will pay about $430 million in cash to acquire security-software company Netegrity, which makes the SiteMinder access-management application.
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Symantec has signed an agreement to acquire @stake, a security consulting and software company, Symantec said Thursday. @stake will improve Symantec&#39;s consulting contacts--six of the top 10 financial institutions are customers, Symantec said.
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Symantec plans to integrate @Stake's services and applications into its global professional services offerings, but offered no details on the acquisition.
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NEW YORK/SAN FRANCISCO  - Symantec Corp. SYMC.O,  the top global security software maker, on Thursday said it  will buy Veritas Software Corp. VRTS.O for $13.5 billion,  expanding into the data storage and recovery business.
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Symantec Corp. (NASDAQ: SYMC) will today unveil details of its new Identity Initiative at this year's prestigious DEMO technology conference.
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CUPERTINO, Calif. -- Symantec Corp. said Thursday it is acquiring digital security consulting firm @stake Inc. Financial details were not disclosed.
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Symantec is close to sealing a deal worth about $13bn to acquire Veritas in one of the largest ever mergers between two software companies.
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Merger mania found its way back into the software space today, asvsecurity firm Symantec said it would pay US$13.5 billion to acquire Veritas Software.
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Security powerhouse Symantec Thursday unveiled plans to acquire solution provider @Stake in a move to expand its already swelling services business.
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Computer security giant Symantec said Thursday it will buy storage program maker Veritas Software for US$13.5 billion in one of the world&#39;s largest software company mergers.
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Norton Antivirus software maker Symantec merges with Veritas Software in an all-shares deal valued at more than $13bn.
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A Waltham maker of security software is being acquired by software behemoth Computer Associates in a cash deal worth almost a half-billion dollars, the companies announced yesterday.
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McAfee will acquire ScanAlert, a Web application security vendor, for $51 million, the companies announced Tuesday.