Symantec plans to acquire identity theft protection services company LifeLock for $2.3 billion. LifeLock has 4.4 million members, with average monthly revenue of $12.25 per user. The company’s enterprise business focuses on helping companies vet customers to judge whether they’re a good risk. The deal is expected to close in the first calendar quarter of 2017, pending the approval of LifeLock shareholders. The acquisition price values LifeLock shares at $24.7 billion, the company says.”]
Source: https://www.govinfosecurity.com/symantec-to-acquire-lifelock-for-23-billion-a-9553