Symantec acquires PGP and GuardianEdge


Symantec acquires PGP and GuardianEdge

Simon Quicke

Against a background of increasing interest in encryption thanks in part to the continued high profile data losses and threat of fines from the Information Commissioners Office the decision of Symantec has splashed out $300m to buy PGP.

Along with snapping up the encryption specialist there was still a further $70m in the wallet to pick up endpoint protection vendor GuardianEdge.

One of the most common themes at this week's InfoSec show was around meeting the demand for improved protection for remote users and data.

There is also increasing demand from customers for consolidation of security software and appliances and a wider portfolio from Symantec would tick that box.

In a statement, Francis deSouza, senior vice president, enterprise security group at Symantec, said that it could provide security for numerous environments including the cloud as a result of the deal.

Earlier this week Symantec outlined its plans to change its partner programme from October putting the emphasis on specialisms based around technology. There will be some expectations that the end point and encryption skills acquired with these buys might be added to that list.

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