Symantec buys mobile security startup Skycure

Cybersecurity firm Symantec reported that it intends to obtain Israel-based Skycure, producers of a prescient danger recognition stage for cell phones. Budgetary terms of the arrangement were not revealed.

The arrangement denotes Symantec's second buy of an Israeli cybersecurity startup in under seven days. Last Thursday, Symantec said it would purchase Fireglass, a startup known for its program segregation innovation that is utilized to battle ransomware, malware and phishing dangers. As per Symantec, the two acquisitions show the organization's attention on fortifying its Cyber Defense stage for ventures.

Once the Skycure bargain shut in Symantec's second quarter, its related advancements will be made accessible to Symantec's Endpoint Protection and Norton Antivirus clients and accomplices. Symantec will likewise utilize the arrangement to pitch itself as a key accomplice for broadcast communications organizations hoping to manufacture versatile security administrations for their own particular end clients.

"Portable is a center part of our technique and the securing of Skycure is a noteworthy advance forward in executing it," said Symantec CEO Greg Clark. "Together, we will offer the cloud age a coordinated portable digital guard engineering that will secure clients' cell phones and systems crosswise over iOS, Android and Windows."

Symantec has a few key acquisitions lately as it attempts to reinforce its cybersecurity portfolio.

Back in November, Symantec purchased buyer wholesale fraud assurance benefit LifeLock for $2.3 billion, promising to shape the "world's biggest computerized security stage for customers and families." Earlier in the year, it gained Blue Coat from Bain Capital in a $4.65 billion arrangement.

The antivirus programming supplier additionally as of late propelled new pursuit arm, named SymantecVentures, that puts resources into cybersecurity new businesses as well as urges them to expand over Symantec's Cyber Defense stage.

Sponsor Ads

• Ad Space Available - Rent it Now!

Report this Page

Created on Mar 6th 2018 05:24. Viewed 354 times.

Share on APSense

Comments