Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Symantec acquiring PC Tools
Posted on 19-Aug-2008 12:01. | Tags Filed under: News.

Symantec acquiring PC Tools
Symantec Corp. has signed a definitive agreement to acquire PC Tools, a provider of software products designed to protect the privacy and security of Windows computer users.

The financial terms of the acquisition are not being disclosed. The transaction is expected to close by the end of the calendar year and is subject to customary closing conditions and regulatory approvals.

With the addition of PC Tools, Symantec will expand its consumer product portfolio to include PC utilities software and point security technologies. The company says PC Tools will help Symantec expand its reach with consumers in new emerging regional markets and will bring an array of go-to-market capabilities, that have been effective with consumers in many markets around the world.

“We are excited to welcome PC Tools into the Symantec consumer family and believe the combination of our two companies will provide additional value and choice for consumers worldwide to better enable and protect their digital life," said Janice Chaffin, Symantec Group President of Consumer Products. “By adding PC Tools, we build on the market-leading success of Symantec’s consumer offerings and firmly position ourselves for continued incremental growth in a rapidly expanding market."

PC Tools will maintain separate operations within Symantec’s consumer business unit, with Simon Clausen, PC Tools, Chief Executive Officer, leading the team and reporting to Janice Chaffin, Symantec Group President of Consumer Products. PC Tools will continue to offer their products under the PC Tools brand and serve its customers through its existing partners and channels. PC Tools is a privately held company headquartered in Australia, with offices in USA, UK, Ireland and the Ukraine.

Their customers are located across the globe and their products are available in more than 196 countries.

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

Street Harassment - I'm looking at you Max Key
Created by gzt, last reply by networkn on 29-Oct-2016 08:43 (84 replies)
Pages... 4 5 6

Gigabit cable now available
Created by sub, last reply by Ipv89 on 29-Oct-2016 08:37 (267 replies)
Pages... 16 17 18

Parking Breach Notices
Created by cisconz, last reply by wasabi2k on 28-Oct-2016 15:28 (19 replies)
Pages... 2

RNZAF Boeing 757 breaks down when carrying PM. RNZAF must have an atrocious dispatch reliability figure.
Created by amiga500, last reply by frankv on 28-Oct-2016 13:21 (91 replies)
Pages... 5 6 7

The Quest for the Holy Grail - aka VDSL
Created by cynnicallemon, last reply by cynnicallemon on 28-Oct-2016 22:42 (17 replies)
Pages... 2

New MacBook Pro
Created by ajobbins, last reply by JoshWright on 28-Oct-2016 18:27 (17 replies)
Pages... 2

Is it me, or have Trade Me prices increased?!
Created by Geektastic, last reply by mattwnz on 27-Oct-2016 14:58 (32 replies)
Pages... 2 3

Disagreement with tradesman over invoice - escalation path
Created by timmmay, last reply by dejadeadnz on 28-Oct-2016 22:19 (31 replies)
Pages... 2 3