With $ 350 million Symantec has Vontu

Symantec has just announced it will buy Vontu, a data leak vendor, for $ 350 million, making it the latest company to enter the fledgling yet crowded market.

The acquisition is expected to take place later this year, putting Symantec in a position to compete with security companies such as McAfee, Trend Micro and Websense, all of whom have bought anti-data leak companies for themselves. I have been in the past year.

Vontu sells software that looks for sensitive information on the network, then prevents them from leaking from laptops or storage devices. With the law of declaring data vulnerabilities and new federal regulations that keep sensitive information increasingly important to companies, this technology is becoming more attractive to security companies. Network like Symantec.

For a year and a half now, Symantec has provided Vontu's software as an accessory for Mail Security 8300 applications.

Steve Roop, Vontu's vice president of Product and Marketing, said the first thing the company had to do after the acquisition would be to integrate Vontu's virus detection software with Symantec's antivirus software Endpoint Protection 11.0.

Although the market for Vontu products is still small, it is growing. In 2006, the company's revenue reached $ 29 million and this figure could reach $ 43 million this year.

K.Hoa