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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