Symantec nabs PC Tools for added street cred
PrintG'day to added anti-spyware
Posted in Malware, 19th August 2008 09:48 GMT
Free whitepaper – Blade learning lab and technical community
Security and storage giant Symantec has agreed to buy specialist Australian-based anti-spyware firm PC Tools. Terms of the deal were undisclosed in Monday's announcement.
Subject to regulatory approvals, privately-held PC Tools will join Symantec's consumer security division. Symantec already has PC utilities and anti-sypware products in its extensive portfolio. The deal is more about expanding into an emerging regional market, brand and channel strategy rather than pure technology.
PC Tools will maintain separate operations within Symantec’s consumer business unit, with PC Tools chief exec Simon Clausen heading up the operation. He will be reporting to Janice Chaffin, Symantec's group president of consumer products. The PC Tools brand and channel structure will be retained.
Symantec's statement on the deal can be found here. ®
The Register Agile Data Center Summit
What Exchange can't do - and Dell can
Analyst Keynote: The Register Agile Data Center Summit
Breaching Fort Apache.org - What went wrong?
Snow Leopard security - The good, the bad and the missing
US Dems fill inboxes with 419 scams
BlockMaster SafeStick hardware-encrypted USB drive