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back to article Symantec hedges bets with large stake in hosted security

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 …

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Interestingly

Symantec Web Security's a dead duck (EOL November this year) and they don't have an appliance or software product to replace it. Messagelabs also gives them that functionality, via Web Security Services; the acquisition may not be just about mail security?

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