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Symantec Completes Acquisition of Altiris

  • 10 April, 2007 15:08

<p>AUSTRALIA, Sydney – 10 April 2007 – Symantec Corp. (Nasdaq: SYMC) today announced that it completed its acquisition of Altiris, Inc. as of the close of business on April 6, 2007 (US time). Altiris is a leading provider of IT management software that enables businesses to easily manage and service network-based endpoints – from mobile devices, laptops, and desktops to servers and storage assets. The acquisition agreement between Symantec and Altiris was announced on Jan. 29, 2007.</p>
<p>Symantec helps businesses protect their endpoints with leading security, compliance, and backup and recovery solutions for mobile devices and PCs to servers and storage assets. With the close of this acquisition, Symantec expects to leverage Altiris’ strength in reducing the cost and complexity of tracking, supporting, and maintaining an organisation’s corporate IT assets. The combination creates a comprehensive approach to better manage and enforce security policies at the endpoint; identify and protect against threats; and repair and service assets.</p>
<p>About Symantec</p>
<p>Symantec is a global leader in infrastructure software, enabling businesses and consumers to have confidence in a connected world. The company helps customers protect their infrastructure, information, and interactions by delivering software and services that address risks to security, availability, compliance, and performance. Headquartered in Cupertino, Calif., Symantec has operations in 40 countries. More information is available at www.symantec.com <http:></http:> .</p>
<p>###</p>
<p>NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its products, please visit the Symantec News Room at http://www.symantec.com/news <http:> . All prices noted are in U.S. dollars and are valid only in the United States.</http:></p>
<p>Symantec, the Symantec Logo and Altiris are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.</p>
<p>FORWARD-LOOKING STATEMENTS:</p>
<p>This press release contains forward-looking statements within the meaning of U.S. federal securities laws, including expectations regarding the potential benefits of the acquisition, that involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in this press release. Such risk factors include, among others, our ability to successfully integrate the merged businesses and technologies and customer demand for the technologies and integrated product offerings. Actual results may differ materially from those contained in the forward-looking statements contained in this press release. Additional information concerning these and other risk factors is contained in the Risk Factors sections of Symantec's and Altiris’ most recently filed Forms 10-K and 10-Q. Symantec assumes no obligation to update any forward-looking statement contained in this press release.</p>
<p>Contact:</p>
<p>Debbie Sassine
Symantec
+61 2 8879 1110
Debbie_sassine@symantec.com</p>
<p>Angela Coombes
Max Australia
+61 2 9954 3492
Angela.coombes@maxaustralia.com.au</p>

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