Symantec grabs Blue Coat Systems for $4.65 billion

stacks of hundred dollar bills Symantec announced overnight it had purchased Blue Coat Systems for $4.65 billion with the hopes of creating an enterprise security juggernaut. As part of the deal, Blue Coat CEO¬†Greg Clark will take over the same role at Symantec. The company has been operating since April without one when¬†Michael A. Brown stepped down. It was a stunning turn of events for Blue Coat, which was sold just… Read More

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