Utility software vendor Symantec has announced it is acquiring antispam vendor Brightmail in a deal worth about $370 million in cash.
In an announcement made Wednesday after the financial markets closed, Cupertino, California-based Symantec said it is buying San Francisco-based Brightmail. Symantec says the deal will complement its existing gateway security products in the fight against unsolicited commercial e-mail.
Source: PCWorld

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