14 DAY TRIAL // As you probably know, Symantec is one of the most popular security companies on the internet, representing a powerful firm that fights against viruses, Trojan files and other infections that can harm our computers. Symantec is well known because it is the developer of the Norton Antivirus solution, a security tool that is currently installed on millions of computers from all around the world. NAV is one of the most powerful applications that can protect your system against all threats no matter if it's a virus, spyware, malware or other malicious file.
Some time ago, Symantec started to design Vista compatible solutions to be implemented in the upcoming operating system provided by Microsoft, so it's obvious that the company wants to eradicate all the threats that can damage our computers.
It seems like Symantec wants to expand its solutions from the PC by creating several security solutions to protect mobile devices, laptops and servers against all kinds of threats. The company announced a new acquisition that is meant to make the products provided by Symantec even more powerful.
"Symantec Corp. today announced it has signed a definitive agreement to acquire Altiris, Inc., a leading provider of IT management software that enables businesses to easily manage and service network-based endpoints - from mobile devices, laptops, and desktops to servers and storage assets. Under the terms of the agreement, Altiris stockholders will receive $33 per share of Altiris common stock in cash, resulting in a transaction value of approximately $830 million net-of-cash-acquired. The transaction is subject to customary closing conditions including regulatory and Altiris stockholder approvals, and is expected to close in the second calendar quarter of 2007," Symantec sustained in a press release.
If you want to know all the terms of the transaction as well as additional information about the partnership, you should read the entire press release posted on this link.