List Of Mergers And Acquisitions By Symantec
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List Of Mergers And Acquisitions By Symantec
Gen Digital, formerly known as Symantec and NortonLifeLock, is a multinational computer software company founded on March 1, 1982. It is an international corporation that specializes in selling security and information management software. Gary Hendrix founded the company in 1982 with the help of a National Science Foundation grant. Symantec was originally focused on artificial intelligence-related projects, and Hendrix hired several Stanford University natural language processing researchers as the company's first employees. After the company's initial public offering in 1989, Hendrix left the company in 1991 and moved to Texas. The company has acquired 57 companies, purchased stakes in 2 firms, and divested 26 companies, in which parts of the company are sold to another company. Of the companies that Symantec has acquired, 50 were based in the United States. Symantec has not released the financial details for most of these mergers and acquisitions. Symantec's first acquisition ...
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NortonLifeLock Inc HQ 111519
Gen Digital Inc. (formerly Symantec Corporation and NortonLifeLock) is a multinational software company co-headquartered in Tempe, Arizona and Prague, Czech Republic. The company provides cybersecurity software and services. Gen is a Fortune 500 company and a member of the S&P 500 stock-market index. The company also has development centers in Pune, Chennai and Bangalore. Its portfolio includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner. On October 9, 2014, Symantec declared it would split into two independent publicly traded companies by the end of 2015. One company would focus on security, the other on information management. On January 29, 2016, Symantec sold its information-management subsidiary, named Veritas Technologies, and which Symantec had acquired in 2004, to The Carlyle Group. On August 9, 2019, Broadcom Inc. announced they would be acquiring the Enterprise Security software division of Symantec for $10.7 billion, and the company became k ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Thomson Financial
Thomson Financial was an arm of the Thomson Corporation, an information provider. When the Thomson Corporation merged with Reuters to form Thomson Reuters in April 2008, Thomson Financial was merged with the business of Reuters to form the Markets Division of Thomson Reuters. History Thomson Financial expanded significantly when it acquired Primark, another financial information provider, on June 6, 2000, for $842 million in an all-cash deal. Primark owned many brands in both the U.S. and UK/Europe such as Datastream, Baseline Financial, Intellivate Capital Ventures (ICV), and IBES. The acquisition consolidated and combined competing financial information provision, for example the FirstCall and IBES earnings estimate data, under the same company. Thomson Financial sold its Thomson Media division in 2004. On 17 April 2008 the Thomson Corporation merged with Reuters and created the new company Thomson Reuters. Thomson Financial and Reuters combined their businesses into the M ...
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Avast
Avast Software s.r.o. is a Czech Multinational corporation, multinational Computer security, cybersecurity software company headquartered in Prague, Czech Republic that Research and development, researches and develops computer security software, machine learning and artificial intelligence. Avast has more than 435 million monthly active users and the second largest market share among Antivirus software, anti-malware application vendors worldwide as of April 2020. The company has approximately 1,700 employees across its 25 offices worldwide. In July 2021, NortonLifeLock, an American cybersecurity company, announced that it is in talks to Mergers and acquisitions, merge with Avast Software. In August 2021, Avast's board of directors agreed to an offer of US$8 billion. Avast was founded by Pavel Baudiš and Eduard Kučera in 1988 as a cooperative. It had been a Private limited company, private company since 2010 and had its Initial public offering, IPO in May 2018. In July 2016, ...
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Broadcom
Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, and storage and industrial markets. Tan Hock Eng is the company's president and CEO. The company is headquartered in San Jose, California. Avago Technologies Limited took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired. Broadcom has a long history of corporate transactions (or attempted transactions) with other prominent corporations mainly in the high-technology space. In October 2019, the European Union issued an interim antitrust order against Broadcom concerning anticompetitive business practices which allegedly violate European Union competition l ...
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LIRIC Associates
LIRIC Associates was a computer security consultancy in the United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ... that offered risk and security assessment for global networks. It also provided advice on the design, architecture and policies required to secure complex global networks. The company was a provider of Information Technology, IT Security and Telecommunications. Its clients included UK government departments and private sector organizations. It was acquired by Symantec on September 17, 2004. References Defunct software companies of the United States Gen Digital acquisitions {{tech-company-stub ...
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@stake
ATstake, Inc. was a computer security professional services company in Cambridge, Massachusetts, United States. It was founded in 1999 by Battery Ventures (Tom Crotty, Sunil Dhaliwal, and Scott Tobin) and Ted Julian. Its initial core team of technologists included Dan Geer (Chief Technical Officer) and the east coast security team from Cambridge Technology Partners (including Dave Goldsmith). History In January 2000, @stake acquired L0pht Heavy Industries (who were known for their many hacker employees), bringing on Mudge as its Vice President of Research and Development. Its domain name was atstake.com. In July 2000, @stake acquired Cerberus Information Security Limited of London, England, from David and Mark Litchfield and Robert Stein-Rostaing, to be their launchpad into Europe, the Middle East and Africa. @stake was subsequently acquired by Symantec in 2004. In addition to Dan Geer and Mudge, @stake employed many famous security experts including Dildog, Window Snyder, Dav ...
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Brightmail
Brightmail Inc. was a San Francisco-based technology company focused on Anti-spam techniques, anti-spam Email filtering, filtering. Brightmail's system has a three-pronged approach to stopping spam, the Probe Network is a massive number of e-mail addresses established for the sole purpose of receiving spam. The Brightmail Logistics and Operations Center (BLOC) evaluates newly detected spam and issues rules for Internet service provider, ISPs. The third approach is the Spam Wall, a filtering engine that identifies and screens out spam based on the updates from the BLOC. Brightmail had partnerships with major Email providers and Internet service provider, ISPs including Netscape, Sendmail, Hotmail and Software.com. Other partners include AT&T Internet Services#att.net, AT&T WorldNet Service, Concentric Network, EarthLink, Excite, FastNet, FlashNet, Juno Online Services and USA.net. The antivirus-inspired regular update mechanism used to detect spam email attracted the attention of I ...
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ON Technology
ON Technology Corporation was a software company in the United States. It was formed in 1987 by Mitch Kapor after his departure from Lotus Software. The original plan of the business was to build an object-oriented PC desktop environment providing a variety of applications. In (roughly) the early 1990s, the company was acquired by Notework Corporation, a vendor of LAN email systems. The management of the merged company was the Notework Corporation management, but the company retained the ON Technology name (which management perceived had more cache/brand.) Subsequently, ON Technology performed a series of small product/company acquisitions to grow its product line, including additional email software (DaVinci, a message handling system-based email product), anti-virus technology, (corporate) Internet usage monitoring, IP firewall, and desktop systems management. The company went public in (approximately) 1995, providing an additional structural method to perform most of the ac ...
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Veritas Software
Veritas Technologies LLC. is an American international data management company headquartered in Santa Clara, California. The company has its origins in Tolerant Systems, founded in 1983 and later renamed Veritas Software. It specializes in storage management software including the first commercial journaling file system, VxFS, VxVM, VCS, the personal/small office backup software Backup Exec and the enterprise backup software, NetBackup. Veritas Record Now was an early CD recording software. Prior to merging with Symantec (now known as Gen Digital) in 2004, Veritas was listed on the S&P 500 and the NASDAQ-100 under the VRTS ticker symbol. In 2014, Symantec announced that it would demerge its information management business as Veritas Technologies LLC, in order to focus on security. It was purchased as part of the demerger by the private equity firm The Carlyle Group for $8 billion in cash. History Early history The company was founded by Eli Alon and Dale Shipley (both fro ...
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Altiris
Altiris Inc. is a subsidiary of Symantec specializing in service-oriented management software which allows organizations to manage IT assets. They also provide software for web services, security, and systems management products. Established in 1998, Altiris is headquartered in Lindon, Utah, United States. Altiris has over 20,000 customers managing more than 3 million servers and 60 million desktops and laptops. Corporate history Altiris was started in 1998 when Jan Newman and Kevin Turpin spun off the software arm of KeyLabs. KeyLabs was, and remains, a third party testing facility. The Altiris Software had been created at KeyLabs to manage the computers at KeyLabs and that software became the start of what is now Altiris. Altiris continues to develop software designed to help IT departments manage their networks and computers more efficiently. In early 2000, Jan Newman who was then President and CEO brought in Greg Butterfield to take over the role of President and CEO. Under ...
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