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Sophos bids €217m for data loss firm

UK-based net security firm Sophos has launched a €217m ($342m) bid to buy data loss prevention firm Utimaco. Sophos intends to offer €14.75 per Utimaco share, a premium of 92 per cent on its closing price of €7.68 on Friday. Investcorp Technology Partners, the largest single shareholder, has already agreed to sell its 24.99 per …

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Anonymous Coward
Joke

but everyone was joking about the Symantec / Veritas merger....

"Information security should be as commonplace as anti-virus protection - no longer a nice to have, but a must have," he said. "Companies of all sizes are looking to protect against both external and internal threats, with one manageable solution."

amazing... did they take this from a 10 year old Symantec datasheet?!

Anonymous Coward
Go

Safegaurd/LeakProof?

Surely the guts of the Utimaco DLP product is the LeakProof technology licensed from Trend Micro.

Have Sophos bought a huge White Elephant?

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