Tag Archives: acquire
Symantec will acquire identity protection firm LifeLock in $2.3B deal
Symantec aims to create the “world’s largest consumer security business” with the acquisition.
Symantec headquarters in Mountain View, CA. Credit: Symantec
Aiming to boost its consumer security business, Symantec is acquiring LifeLock, a vendor of identity protection services, for US$2.3 billion in enterprise value.
The deal will create what the two companies described as the world’s largest consumer security business with over $2.3 billion in annual revenue based on last fiscal year revenue for both companies.
