Symantec News
5 articlesSymantec Completes Sale of Enterprise Security Assets to Broadcom
Symantec Acquires Software Defined Perimeter and Zero Trust Innovator Luminate Security to Extend the Power of Integrated Cyber Defense in the Cloud Generation
growth-positive
Symantec buys Israeli cybersecurity co Javelin Networks
Symantec has acquired Javelin Networks, an Israeli company that develops protection for an Active Directory (AD) package of services tools used to manage organizational networks. The acquisition price was not disclosed, but market sources estimate it to be in the $20-30 million range. Javelin Networks has raised $5 million in funding and has 15 employees. The companys product will be added to Symantecs portfolio, and Javelins Tel Aviv development center will remain an independent unit within Symantec. The acquisition is seen as a growth-positive move for Symantec.
Acquisition
growth-positive
Symantec Buys Israel-Based Mobile Security Startup Skycure
Symantec Corp. has signed an agreement to acquire Israel-based mobile security company Skycure for approximately $280 million. The deal is expected to close in the second fiscal quarter of 2017. The acquisition of Skycure will expand Symantecs enterprise mobile offerings and enhance mobile security. Symantecs CEO, Greg Clark, stated that mobile is a core component of the companys strategy. Skycures CEO, Adi Sharabani, believes that better mobile security will facilitate the adoption of Bring Your Own Device (BYOD) policies by companies. This acquisition follows Symantecs recent acquisition of Tel-Aviv based Fireglass, another Israel-based cybersecurity startup.
AcquisitionPartners
growth-positive
Symantec buys Israeli co Fireglass for $250m
Symantec Corp. is acquiring Israeli cybersecurity company Fireglass for $250 million. Fireglass has developed an agentless isolation solution that eliminates ransomware, malware, and phishing threats in real-time. The acquisition will strengthen Symantecs Integrated Cyber Defense Platform and extend its capabilities in Secure Web Gateway and Email protection. Symantec CEO Greg Clark believes that integrating Fireglass isolation technology with Symantecs existing solutions could reduce security events by up to 70%. Fireglass industry-leading technology easily integrates with existing security solutions and can be used across various endpoints. The acquisition is seen as a positive move for Fireglass, as it will allow them to bring their technology to more customers with Symantecs global scale.
Acquisition
