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Symantec Seals $350M Acquisition of Vontu

Symantec buys data loss prevention vendor Vontu for $350 million in cash and options. DLP is widely regarded as the first and best-known DLP specialist. Analysts question the high price Symantech paid for Vonu. The acquisition is currently in legal and regulatory review and is expected to be complete in about a month, the companies said. Analyst: “DLP infrastructure sector makes you scratch your head and wonder how this whole thing plays out in the long run””]

Source: https://www.darkreading.com/analytics/symantec-seals-350m-acquisition-of-vontu

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