Vontu purchase latest move in data protection trend.
Symantec
has announced the $350 million purchase of data leak prevention firm
Vontu
, following several similar moves by major security players in recent months.
San Francisco-based
Vontu
claims 1 in 4
Fortune 100
companies as customers for its range of data protection solutions, which will be integrated into various parts of the
Symantec
range as part of its ‘Security 2.0’ plans for future developments. The deal is expected to complete by the end of the year, with the purchase being made in a mixture of cash and ‘assumed options’.
Other recent forays into the data leak prevention market have been made by
Trend Micro
, who
purchased
Provilla
last month, and
WebSense
who bought a similar firm in January, while
McAfee
launched its own data-monitoring product in February.
More details of the
Symantec
deal are at
Symantec
here
or at
Vontu
here
.
Posted on 08 November 2007 by
Virus Bulletin
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