Symantec to Acquire Gideon Technologies

MOUNTAIN VIEW, Calif. – January 12, 2010 – Symantec Corp. (Nasdaq: SYMC), today announced it has signed a definitive agreement to acquire privately-held Gideon Technologies, Inc., a provider of standards-based information security solutions that automate and orchestrate IT security and risk management. Symantec is acquiring Gideon Technologies to extend Symantec’s security portfolio with a leading Security Content Automation Protocol (SCAP) validated configuration and vulnerability assessment solution and to enhance its ability to serve the needs of public sector customers. The transaction is expected to close by the end of the March quarter and is subject to customary closing conditions. The financial terms of the acquisition are not being disclosed.

Full Story: http://www.symantec.com/about/news/release/article.jsp?prid=20100112_01

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