YoKenny Posted August 19, 2008 Share Posted August 19, 2008 Symantec to Acquire PC Tools Symantec expands consumer portfolio to better enable and protect consumers? digital life CUPERTINO, Calif. ? Aug. 18, 2008 ? Symantec Corp. (Nasdaq: SYMC), today announced it has signed a definitive agreement to acquire PC Tools, a global provider of innovative software products designed to protect the privacy and security of Windows? computer users. The financial terms of the acquisition are not being disclosed. The transaction is expected to close by the end of the calendar year and is subject to customary closing conditions and regulatory approvals. With the addition of PC Tools, Symantec will expand its consumer product portfolio to include award-winning PC utilities software and point security technologies. PC Tools will help Symantec expand its reach with consumers in new emerging regional markets and will bring an array of go-to-market capabilities, that have been effective with consumers in many markets around the world. http://www.symantec.com/about/news/release...rid=20080818_02 "Education is what remains after one has forgotten everything he learned in school." - Albert Einstein IE7Pro user Link to comment Share on other sites More sharing options...
Talldog9 Posted August 19, 2008 Share Posted August 19, 2008 Symantec is like a big thing that needs to devour things to stay alive. The internet - Where men are men, women are men and children are FBI agents. Link to comment Share on other sites More sharing options...
davey Posted August 19, 2008 Share Posted August 19, 2008 Symantec is like a big thing that needs to devour things to stay alive. The old marketing adage is "If you can't beat 'em, buy 'em." davey Link to comment Share on other sites More sharing options...
Moderators Andavari Posted August 19, 2008 Moderators Share Posted August 19, 2008 Symantec is like a big thing that needs to devour things to stay alive. Looks like it's their feeding time again. I wonder what will happen to some of the freebies from PC Tools then, like their antivirus, and firewall. If those freebies don't disappear I'll be surprised. Link to comment Share on other sites More sharing options...
anonymous_user Posted August 19, 2008 Share Posted August 19, 2008 hey Andavari, surprise: PC Tools will maintain separate operations within Symantec?s consumer business unit, with Simon Clausen, PC Tools, Chief Executive Officer, leading the team and reporting to Janice Chaffin, Symantec Group President of Consumer Products. PC Tools will continue to offer their products under the PC Tools brand and serve its customers through its existing partners and channels. PC Tools is a privately held company headquartered in Australia, with offices in USA, UK, Ireland and the Ukraine. Their customers are located across the globe and their products are available in more than 196 countries. Link to comment Share on other sites More sharing options...
Moderators Andavari Posted August 19, 2008 Moderators Share Posted August 19, 2008 hey Andavari, surprise: Surprised indeed! Link to comment Share on other sites More sharing options...
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