Symantec buy MessageLabs

Symantec is set to buy MessageLabs for $695m in cash, with the deal expected to close by the end of the year (2008).

The British email security firm is set to be merged with the Symantec Protection Network to provide a comprehensive SAAS (software as a service) solution. You can read more over at The Register.

Veritas, Altiris, Vontu and now Messagelabs..Symantec have, over the last few years, become a huge software company with a very wide ranging portfolio which is something of a double edged sword really…it allows partners to provide a more holistic solution to their customers which benefits all parties involved; but equally it means Symantec’s focus is spread quite thin…

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