Symantec Will Centralize Encryption with Acquisitions (NewsFactor)

[Mgtrben news]

NewsFactor - Symantec said Thursday it will pay $370 million in cash to acquire encryption technology providers PGP and GuardianEdge Technologies, with the deals expected to close during the company's June quarter. Symantec sees its acquisition of standards-****d encryption capabilities from the two firms as a natural extension of its strategy for securing and managing information on any device -- across both the enterprise and consumer segments as well as in the cloud, said Symantec CEO Enrique Salem.

Source (http://us.rd.*****.com/dailynews/rss/tech/*http://news.*****.com/s/nf/20100430/bs_nf/73092)