Symantec Acquires Web Security Company, Blue Coat
by Tech Mainstream Staff
August 29, 2016
Blue Coat, a Leading web security company worldwide, has been acquired by Symantec a "global leader in cyber security. Operating one of the world’s largest cyber intelligence networks." The move will create an even larger cyber security company that will address the growing threat of global security issues. The merger of the two companies will unite "Symantec’s leadership in endpoint, email, data loss prevention and datacenter security with Blue Coat’s strength in cloud security with the #1 market share position at the secure web gateway."
The merger will combine both companies security expertise with the business focus of its clients, as found in the following statement: "The global security landscape is becoming more complex, and threats more pervasive, while at the same time, our clients are looking for business outcomes."