Hello 2006 and Hello M&A

Symantec has announced that it will acquire IMlogic to add more to its security and management of instant messaging. Apparently terms were held back due to SEC regs. These two companies were already major partners and the fit here seems to make a great deal of sense.

This acquisition follows a $370 million purchase of e-mail security vendor Brightmail in 2004 and the $11 billion buy-out of Veritas in July, 2005.

more...

The opinions and views expressed in comments, blogs, etc. are those of the authors alone and not necessarily those of TMC, TMCnet, or its editors. TMCnet reserves the right to edit, delete, or otherwise make changes to the content that appears on these pages at its own discretion and as it deems necessary.

January 4, 2006 9:33 AM |