Symantec to acquire PC Tools


Industry giant adds spyware specialist to growing portfolio.

Security industry behemoth

Symantec

has announced the planned acquisition of

PC Tools

, the Australia-based company behind

Spyware Doctor

and a range of security, privacy and system-cleaning products.


Symantec

plans to close the deal by the end of the year, keeping

PC Tools

as a separate unit under the corporate umbrella. Financial details of the deal have yet to be released.


PC Tools

‘ flagship

Spyware Doctor

product has become a regular competitor in VB100 comparatives, along with a standalone anti-virus product. Both have incorporated the

VirusBuster

engine for anti-virus detection, but this looks likely to change once the takeover is completed. Other popular products in the

PC Tools

lineup include

Registry Mechanic

, recently released

iAntiVirus

for

Mac

and the

ThreatFire

proactive defence software.

Details of the acquisition are at

Symantec


here

.

Posted on 20 August 2008 by

Virus Bulletin


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