Analysis and Commentary, Mergers and Acquisitions

The Prophecy Has Come True

0 Comments 05 November 2007

Well, well! As previously mentioned here at Brightfly, Symantec has finally acquired the data loss prevention company Vontu. According to Symantec's press release, Symantec has signed a definitive agreement to acquire Vontu for $350 million, which will be paid in cash and assumed options. The acquisition is expected to close in the fourth calendar quarter of 2007.

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