Symantec Completes Acquisition of Vontu

Symantec has completed its acquisition of Vontu, the leader in Data Loss Prevention (DLP) solutions that combine endpoint and network-based technology to accurately detect and automatically protect confidential data wherever it is stored or used. The acquisition agreement between Symantec and Vontu was announced on 5 November, 2007. The purchase price for the transaction was $350 million, which will be paid in cash and assumed options.

Data loss prevention solutions help organisations prevent the loss of confidential or proprietary information wherever it is stored or being used. Vontu’s products will complement Symantec’s existing portfolio of endpoint and network security, storage and compliance solutions, to provide customers with the most comprehensive platform for data loss prevention on the market today. The acquisition builds on Symantec’s strong partnership with Vontu and will provide an important component of Symantec’s Security 2.0 vision, which shifts the focus of security from simply securing systems and devices to also protecting the information itself.

The following two tabs change content below.

admin

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam dignissim magna vitae dui posuere eu feugiat augue eleifend. Fusce sed tincidunt quam. Donec varius aliquam metus ut semper. Donec augue purus, feugiat interdum malesuada vel, aliquet quis massa. Nulla facilisi. Nam vel ante quam, et tincidunt dui. Maecenas venenatis libero eu nulla tincidunt et accumsan velit sodales. Nam congue mauris et felis porttitor blandit. Nam eget tempor massa. Nullam suscipit gravida eros, ac suscipit magna feugiat sit amet.

Latest posts by admin (see all)