Symantec to Acquire Sygate Technologies

Symantec to Acquire Sygate Technologies

Symantec Corp. (Nasdaq: SYMC) today announced that it has signed an agreement to acquire Sygate Technologies, a technology leader in endpoint compliance solutions. Sygate’s technology will complement Symantec’s presence on the endpoint to create a holistic solution to address the security, compliance, and remediation requirements of today’s large enterprises. The acquisition is expected to close shortly after receiving customary regulatory approvals.

“Securing the ‘endpoints’ of a corporate network is a challenge that affects all enterprises,” said Chris Christiansen, vice president of security products and services, IDC. “Companies are looking for integrated offerings that can both protect the network and ensure that endpoints are compliant with security policies. This acquisition will give customers a complete endpoint compliance solution while helping to reduce complexity and cost.”

Endpoint compliance solutions help enterprise organizations enforce security by guaranteeing that all devices connected to a network – desktops, laptops, servers, and mobile devices – are running the appropriate security solutions, are configured correctly, and possess up-to-date patches. Symantec will now be able to help businesses enforce business policies and automate security practices to regain control of network security, reduce costs, and ensure compliance across the organization.

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