Proofpoint

Proofpoint | June 13, 2016

NO. 3 cybersecurity firm Symantec (SYMC) could overtake rivals Check Point Software Technology (CHKP) and Palo Alto Networks (PANW) in terms of market cap, thanks to its $4.65 billion plan to acquire privately held Blue Coat Systems, a cloud security firm. Symantec on Sunday announced its agreement to acquire Blue Coat, whose CEO, Greg Clark, will become Symantec's CEO. Last month, Symantec CEO Mike Brown announced he would step down, as the company reported fiscal Q4 sales th...

Cloud Security

Proofpoint | June 01, 2021

In a survey of 600 IT and IT security professionals in the U.S., 75% of respondents said shadow IT — use of cloud applications and services without the approval (or knowledge) of IT — creates substantial risks for their organizations. While some respondents were confident — 24% very secure and 30% sure — users were using IT-approved cloud services and applications for file-sharing and collaboration tools, only 40% believed their organizations knew all the cloud computing ...

sdxcentral.com | January 23, 2020

Arista Networks bought SDN vendor Big Switch Networks, according to sources familiar with the deal.The purchase is Arista’s largest acquisition to date, according to a source. It’s also the networking vendor’s third acquisition Arista in 2018 snapped up cloud-managed WiFi firm Mojo Networks and then a month later bought Metamako, a provider of low-latency field programmable gate array (FPGA) products.While Arista ultimately won, Big Switch had a long list of suitors that wanted...

bloomberg.com | January 21, 2020

Google signed a 10-year deal with travel-software provider Sabre Corp., a key win for the search giant in the competitive cloud-computing market.Sabre will pay Google to handle parts of its information-technology system and for data-analytics tools. Additionally, the companies agreed to collaborate on online travel services, a sign of Google leaning on its massive consumer business to lure enterprise clients.Sabre and Alphabet Inc.’s Google announced the partnership on Tuesday as a “...