Symantec Corp., the world’s largest security software company according to Gartner, announced yesterday a $500 million strategic investment from Silver Lake, a global leader in technology investing.
Michael A. Brown, Symantec president and CEO, said, “Silver Lake’s investment in Symantec validates the significant progress we’ve made in our transformation and is a tremendous vote of confidence in the Company. The transformation that Brown is referring to, is Symantec’s shift from PC tools, backup software, and other utilities, to an exclusive focus on its largest market opportunity – cybersecurity. For the full article click here
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