Norton Antivirus firm buys rival

USA – antivirus software company Symantec has to buy the company MessageLabs Web Security for $ 695m (£ 401.2m).

The most famous of his circle of Norton security software PC movement is configured so that Symantec expand its business Internet services.

MessageLabs makes security products for instant messaging, e-mail and the Internet.

Given the regulatory approval, the companies hope that treatment will be before the end of this year.

Analysts welcomed the capture, but some were cautious about the prospects of Symantec, given the global economic problems.

MessageLabs regional headquarters in the UK, USA and Australia, has more than eight million users in over 19,000 enterprises.

California-based Symantec online backup, storage and remote access products, it allows customers to gain access to information and applications on computers from any computer where there is Internet access.

Symantec said that the agreement will allow both companies to cross-sell to other customers.

source : http://news.bbc.co.uk/2/hi/business/7660783.stm