Oct 10
Symantec hedges bets with large stake in hosted security
News Feed from TheRegister News October 10, 2008 at 5:27 pm 86 views
Filed under: News, Security
MessageLabs deal pilots security giant into cloud computing
Analysis Symantec, traditionally one of the more conservative firms in the security market, is attempting to pull off a high-wire balancing act with its surprise $695m acquisition of security software-as-a-service pioneer MessageLabs. The firm is betting that increased revenues in the hottest segment of the security market will justify a high (especially for the current economic climate) acquisition price.…
Posted on Friday, October 10th, 2008 at 5:27 pm and under category News, Security.
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