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Symantec acquires mobile threat defense company

Published 07/11/2017, 09:11 AM
© Reuters.  Symantec acquires mobile threat defense company
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  • Symantec (NASDAQ:SYMC) announces the acquisition of mobile threat defense company Skycure. No financial terms disclosed but the deal will close in the second fiscal quarter this year.
  • Skycure uses AI and machine learning to develop a unified threat defense solution that works on a range of mobile devices across the major mobile operating systems.
  • Symantec plans to combine Skycure’s tech with its Integrated Cyber Defense Platform.
  • Symantec notes that the acquisition will put the company in a position to partner with telecom companies wanting to build comprehensive security for mobile end users.
  • Previously: Symantec announces acquisition of threat isolation company (July 6)
  • Now read: Symantec: Quarter Was A Lot Better Than The Headlines, WannaCry Is Another Tailwind


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