Symantec to pay $350M for Vontu

Symantec Corp. will acquire Vontu Inc., a provider of data loss prevention solutions for industry and government, in a deal valued at $350 million.

The acquisition will enable Symantic of Cupertino, Calif., to provide greater information-centric security solutions that protect the device and the information itself, said Tom Kendra, group president of Symantec's Security and Data Management Group.

Vontu's federal solution can help government agencies protect personally identifiable information such as employee names and addresses, taxpayers' identification numbers and sensitive information whose exposure could affect national security or an agency's reputation, the San Francisco company said.

By joining forces with Symantec and building on the company's strengths in enterprise security and storage solutions, Vontu will be able to help customers know where their confidential information is stored, how it is being used, and how best to prevent its loss, said Vontu Chief Executive Joseph Ansanelli.

A recent Gartner industry report ranked Vontu among the leaders of content monitoring and filtering and data loss prevention. The acquisition is expected to close before the end of the year.

About the Author

David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.