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Symantec to Acquire Altiris

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#1
CUPERTINO, Calif. – Jan. 29, 2007 – Symantec Corp. (Nasdaq: SYMC) today announced it has signed a definitive agreement to acquire Altiris, Inc. (Nasdaq: ATRS), a leading provider of IT management software that enables businesses to easily manage and service network-based endpoints – from mobile devices, laptops, and desktops to servers and storage assets. Under the terms of the agreement, Altiris stockholders will receive $33 per share of Altiris common stock in cash, resulting in a transaction value of approximately $830 million net-of-cash-acquired. The transaction is subject to customary closing conditions including regulatory and Altiris stockholder approvals, and is expected to close in the second calendar quarter of 2007.

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WarEagleAU

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#2
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Urlyin

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#3
It would appear that Symantec has adopted Microsofts " if you can't beat em ... buy em " tactic ... having already assimulated PowerQuest sometime ago... hmmm leaves like one other imaging software app out there ... maybe Perfect Disk is next ...
 

Polaris573

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#4
They bought out sygate as well. Which really annoyed me because it was a great firewall.