Symantec Acquires MessageLabs
Symantec has acquired MessageLabs for $695 million. MessageLabs is an e-mail security services, IM, and Web-filtering company. This acquisition will help Symantec gains a leadership position in the rapidly growing Software-as-a-Service (SaaS) segment and strengthens its lead in the messaging security market. MessageLabs is the number-one provider of online messaging security worldwide with more than eight million end users at more than 19,000 clients ranging from small business to the Fortune 500. This acquisition also continues the momentum of the Symantec Protection Network, the Symantec SaaS platform.
John W. Thompson, chairman and chief executive officer, Symantec, Said
MessageLabs extends our investments in the Software-as-a Service segment and will allow us to offer our customers unprecedented choice from a single provider of message security solutions. By combining MessageLabs with our Symantec Protection Network team, we have one of the strongest portfolios of cloud-based infrastructure services and a great foundation on which to grow.
Adrian Chamberlain, chief executive officer, MessageLabs, Said
Symantec and MessageLabs have a common belief in the benefits of in-the-cloud services and how they enable customers to be protected from threats and enforce policy. MessageLabs’ services help ensure that only safe and appropriate information enters and leave the organization. Together, with Symantec, we can set a roadmap for the future of online services.
