Symantec

Symantec | June 13, 2016

Symantec has agreed to acquire Blue Coat Systems for $4.65 billion in a deal that not only would expand the cybersecurity firm’s offerings on the cloud, but also give it a new chief executive. The price is almost double what Bain Capital paid in March 2015 to acquire Blue Coat from another private-equity firm, Thomas Bravo. While Symantec has pioneered antivirus software that runs on personal computers, Blue Coat’s technology is used by more than 15,000 companies to block dangerous or inappropri...

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...

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 “...