11.309.2007 - Symantec to Acquire Vontu
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CUPERTINO, Calif. - Nov. 5, 2007 - Symantec Corp. (Nasdaq: SYMC) today announced it has signed a definitive agreement to acquire Vontu, the leader in Data Loss Prevention (DLP) solutions, for $350 million, which will be paid in cash and assumed options. The acquisition is expected to close in the fourth calendar quarter of 2007, subject to receiving regulatory approvals and satisfaction of other customary closing conditions.
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