MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Symantec (NASDAQ:SYMC) today announced that it has successfully completed its acquisition of Blue Coat, Inc., a leading provider of web security for enterprises and governments worldwide. The acquisition of Blue Coat complements Symantec’s innovative product portfolio and creates the industry’s largest pure play cyber security company.
“At a time when the world faces more threats than it’s ever encountered before, I couldn’t be more confident in our ability to deliver what our customers need or more honored to lead Symantec’s next chapter of innovation and growth,” said Greg Clark, Symantec CEO. “With Blue Coat now part of Symantec, we are well positioned to solve the industry’s most difficult challenges of securing a mobile workforce, protecting the cloud and stopping advanced threats.”
Clark added, “Since announcing the transaction, our integration planning teams have been working diligently to capture the strengths of both companies. With our increased scale, portfolio and resources, large enterprises can now look to Symantec as a single strategic source for integrated solutions across endpoints, cloud and infrastructure to defend against sophisticated attacks and create a stronger, more cost-efficient security posture.”
With the acquisition of Blue Coat complete, Symantec has begun executing its integration strategy and accelerating its commitment to define the future of cyber security. For the full article click here
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