The purchase price for the transaction was $350 million, which would be paid in cash and assumed options.
Vontu’s products would complement Symantec’s existing portfolio of endpoint and network security, storage and compliance solutions, to provide customers with a comprehensive platform for data loss prevention on the market.
Symantec stated that the acquisition builds on its strong partnership with Vontu and will provide an important component of Symantec’s Security 2.0 vision, which shifts the focus of security from simply securing systems and devices to also protecting the information itself.
