PC Tools
Symantec will broaden its consumer reach with the acquisition of PC Tools

Symantec to buy PC Tools

Security world gets a little smaller

Written by Shaun Nichols in San Francisco

Advertisement

Security software giant Symantec has agreed to acquire consumer security specialist PC Tools.

The deal will give Symantec greater reach in the consumer security market, an area which has traditionally been one of its weak points.

Under the deal, PC Tools will remain intact and operate as a subsidiary of Symantec's consumer business unit. PC Tools chief executive Simon Clausen will remain in charge of the unit's operations.

"We are excited to welcome PC Tools into the Symantec consumer family," said Janice Chaffin group president of consumer products at Symantec.

"We believe that the combination of our two companies will provide additional value and choice for consumers worldwide to better enable and protect their digital life.

"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."

Terms of the deal were not disclosed. Symantec hopes to close the transaction by the end of the year.

Related whitepapers

Related jobs

Do you agree?

IT white papers

Search vnunet IThound

Top categories

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Watch

Virgin Train

22 Aug 2008

8.71 MBComputing podcast 21 August 2008 More...

School children using PCs

14 Aug 2008

9.23 MBComputing podcast 14 August 2008 More...

Cern particle accelerator

07 Aug 2008

6.18 MBComputing podcast 7 August 2008 More...

Poll

GARY MCKINNON EXTRADITION

GARY MCKINNON EXTRADITION

Should Gary McKinnon be extradited to the US for hacking into military computers?

Previous poll results

Spotlight

Hacker

Hacker runs up $12,000 Federal phone bill

Five year-old flaw exploited to place 400 long-distance calls   More...

Steve Wozniak

IDF: Woz on Woz

Apple II co-founder muses on life, love and the meaning...  More...

Prince

Fair use comes first in web video

Dancing baby sets legal landmark   More...

Justin Rattner

IDF: Intel predicts artificial intelligence in 40 years

Computers smarter than humans by 2048   More...

Primary Navigation