Linux Today: Linux News On Internet Time.
Search Linux Today
Linux News Sections:  Developer -  High Performance -  Infrastructure -  IT Management -  Security -  Storage -
Linux Today Navigation
LT Home
Contribute
Contribute
Link to Us
Linux Jobs


Top White Papers

More on LinuxToday


Symantec Acquires PGP, GuardianEdge

Apr 29, 2010, 18:33 (0 Talkback[s])
(Other stories by Larry Barrett)

"Symantec is ramping up its encryption software portfolio with the acquisitions of PGP and GuardianEdge for $300 million and $70 million, respectively.

"The deals, which are expected to close later this year, are the latest signs that Symantec (NASDAQ: SYMC) executives believe that cloud-based storage and security options will be favored by enterprise customers in the future.

"Both of the newly acquired companies specialize in applications that protect data from being either intentionally or accidentally exposed by encrypting the data itself, whether it's hosted on premises, distributed through the cloud or moved about on any number of portable devices, such as smartphones or USB drives."

Complete Story

Related Stories: