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Symantec Acquires SafeWeb
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“Symantec Corp. (Nasdaq: SYMC), the world leader in Internet security, today announced the acquisition of SafeWeb, Inc., a leading provider of SSL VPN appliances, for $26 million in cash. The acquisition brings to Symantec SafeWeb’s Secure Extranet Appliance technology designed to reduce the cost and complexity of deploying, managing, and maintaining secure access to remote users.
Symantec intends to offer the SafeWeb SSL-based VPN technology on the Symantec appliance platforms as a standalone offering beginning in the first quarter of 2004. In addition, Symantec plans to integrate the clientless VPN capabilities into the next version of the Symantec Gateway Security Appliance series later in 2004.”