Why Read This
On April 29, 2010, Symantec announced the acquisition of two encryption specialists, PGP and GuardianEdge. These companies fill important gaps in Symantec's endpoint and email security portfolios. In the short term, we expect Symantec to introduce new versions of its endpoint security suite that include full disk and file encryption and to add email encryption to its secure email and DLP gateways. Longer-term, Symantec will use the core technologies it has acquired to layer encryption and key management features across its DLP, backup, archiving, and cloud portfolios. Overall, these deals are very positive for Symantec and its customers and will challenge smaller security companies and encryption specialists to raise their games.
Tags: Application Strategy & Selection, Encryption, Information Protection, Mergers & Acquisitions (M&As), Packaged Solutions, Security, Risk and Compliance, Sourcing & Procurement, Sourcing Strategy & Execution, Tech Sector Economics, Technology Product Strategies