Symantec Completes Sygate Acquisition
CUPERTINO, Calif. - Oct. 10, 2005 - Symantec Corp. (Nasdaq: SYMC) today announced it has completed the acquisition of Sygate Technologies, the market leader in network access control solutions for large enterprises. Sygate's expertise in endpoint compliance and protection complements Symantec's leadership in client security to offer organizations a comprehensive endpoint protection solution for both managed and unmanaged devices. Symantec announced its agreement to acquire Sygate on Aug. 16, 2005.
Sygate's enterprise solution is composed of a number of products that can be deployed separately; together they provide exceptional protection for computers, information, and networks from misuse, unauthorized malicious access, and incorrect configuration.
Symantec will continue to sell the current Sygate solutions under the Sygate brand. In the next six months, the company expects to rebrand the next version of the products and include additional functionality. Thereafter, Symantec plans to integrate the Sygate technology into the company's existing enterprise security products.
Sygate is the market leader in Network Access Control for the large enterprise. Through intelligent policy enforcement, its solution ensures "Compliance on Contact,"™ protecting computers, data and networks from misuse, malicious access and misconfiguration. Using Sygate solutions, the world's largest organizations protect their networks, enforce business policies, and automate security practices to regain control of network security, reduce costs, and ensure compliance across the organization. Partnerships with industry leaders, including Alcatel, Aventail, Cisco, Enterasys, Extreme Networks, Hewlett Packard, iPass, Juniper Networks, Microsoft and Nortel enable Sygate's technology to operate seamlessly across multiple platforms and applications |
