Symantec completes MessageLabs acquisition
Merger goes through
17 November 2008 16:58 GMT / By Amy-Mae Elliott
Symantec has announced it has completed its acquisition of MessageLabs.
The acquisition, announced back in October, will see MessageLabs' services, as a provider of online messaging services, with more than three billion email connections each day, expanding Symantec's existing portfolio of SaaS offerings with messaging and web security services.
Symantec states: "The combined expertise from MessageLabs and Symantec will expand SaaS delivery and customer support models across the Symantec technology portfolio and accelerate the development of new hybrid online and on-premise offerings for IT professionals".
At the time the merger was announced, the deal was said to be for a reported $695m (£401.2m).
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