Symantec to acquire Brightmail

Utility software vendor Symantec Wednesday announced that it's acquiring antispam vendor Brightmail in a deal worth about US$370 million in cash.

In an announcement made after the financial markets closed, Symantec said it's buying Brightmail to complement Symantec's existing gateway-security products in the fight against unsolicited commercial e-mail.

The deal is expected to close by early July, according to the company.

"Spam has increasingly become one of the most severe threats to individuals and enterprises today, topping viruses as the number one problem plaguing email systems and administrators," John W. Thompson, Symantec's chairman and CEO, said in a statement. "Brightmail is the leader in helping enterprises, service providers and wireless carriers mitigate this threat."

Symantec had already made an investment in Brightmail in 2000 and now holds an approximately 11 percent equity stake in the company.

Enrique Salem, Brightmail's president and CEO, said in a statement that "by joining forces with Symantec, we can provide our combined base of customers around the world with the broadest messaging security solution in the industry."

Brightmail Antivirus already combines Symantec's award-winning antivirus technology with Brightmail's own offerings, according to the companies.

Brightmail customers include Avaya, eBay, Cisco Systems, Microsoft and Lucent Technologies.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Todd R. Weiss

Computerworld
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?