09.266.2003 - Symantec to Acquire PowerQuest
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CUPERTINO, Calif. - Sept. 23, 2003 - Symantec Corp. (Nasdaq: SYMC) today announced that it has signed an agreement to acquire PowerQuest CorpCorporation. The acquisition is intended to combines market-leading deployment, imaging, provisioning, storage management, and disaster recovery technologies technologies into a new enterprise solution for managing, protecting and recovering servers, workstations, laptops and handhelds, called Active State Management.for a more comprehensive systemPC active state management solution. The acquisition, conditioned upon customary regulatory approvals and PowerQuest shareholder approval, is expected to close by the end of 2003.
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