Symantec
Auto Added by WPeMatico
Symantec grabs Blue Coat Systems for $4.65 billion
Symantec announced overnight it had purchased Blue Coat Systems for $4.65 billion with the hopes of creating an enterprise security juggernaut. As part of the deal, Blue Coat CEO Greg Clark will take over the same role at Symantec. The company has been operating since April without one when Michael A. Brown stepped down. It was a stunning turn of events for Blue Coat, which was sold just… Read More
Powered by WPeMatico
What’s The Half Life Of A Unicorn?
Cybercorns are companies that have surpassed the magical $1 billion valuation. Several of these extraordinary ventures are Okta, Sophos, Tanium, Palantir, FireEye, Splunk, Zscaler, Lookout, CloudFlare, Illumio and AVAST. But in a world where technology is changing rapidly, and in which attackers are agile and focused, which of these unicorns will survive? What is the half-life, perhaps measured… Read More
Powered by WPeMatico
Symantec Sells Veritas Division To Private Equity Group For $8B
Symantec announced today that it had sold its Veritas division to The Carlyle Group, a Washington, DC-based private equity firm for $8 billion in cash. The move comes after Symantec, mostly known as a computer security company, announced it was splitting into two separate publicly traded companies last fall. The first was going to be Symantec, which as you might expect focused on security… Read More
Powered by WPeMatico