List Of Mergers And Acquisitions By Gen Digital
Symantec's first acquisition was C&E Software on January 1, 1984, and the founder of C&E Software, Gordon Eubanks, became the new chief executive officer of Symantec. The company has made five acquisitions with a value greater than $1 billion: LifeLock was acquired on Feb 9, 2017 for $2.3 billion, Blue Coat Systems was acquired on Aug 1, 2016 for $4.65 billion, VeriSign was acquired on May 19, 2010 for $1.250 billion, Altiris was acquired on April 6, 2007 for $1.038 billion, and Symantec purchased Veritas Software on July 2, 2005 for $13 billion. The deal with Veritas was Symantec's largest acquisition and made Symantec the fifth-largest software company in the world. Symantec made the most acquisitions in 2004 with six: ON Technology, Brightmail, TurnTide, @stake, LIRIC Associates, and Platform Logic. The company divested its enterprise-security software business to Broadcom for $10.7 billion in 2019 and adopted the NortonLifeLock name. On November 7, 2022, NortonLifeLock rebranded to Gen Digital after completed its merger with Avast in last September.
Acquisitions
Date | Company | Business | Country | Value (USD) | References |
---|---|---|---|---|---|
January 1, 1984 | C&E Software | Software | ![]() |
— | |
July 8, 1987 | Living Videotext | Software | ![]() |
— | |
October 26, 1987 | Think Technologies | Software | ![]() |
— | |
September 4, 1990 | Peter Norton Computing | Computer software | ![]() |
$70,000,000 | |
August 13, 1991 | Zortech International | Compiler software | ![]() |
$12,100,000 | |
August 21, 1991 | Dynamic Microprocessor Associates | Computer software | ![]() |
$22,000,000 | |
December 31, 1991 | Leonard Development Group | Computer programming | ![]() |
— | |
April 4, 1992 | Symantec UK | Wholesale software | ![]() |
$26,200,000 | |
June 9, 1992 | MultiScope | Debugging software | ![]() |
$6,765,000 | |
June 9, 1992 | Whitewater Group | Programming tools | ![]() |
$3,280,000 | |
October 9, 1992 | Certus International | Anti-virus software | ![]() |
$3,260,000 | |
June 2, 1993 | Contact Software International | Management software | ![]() |
$47,000,000 | |
October 7, 1993 | Fifth Generation Systems | Utilities software | ![]() |
$43,250,000 | |
November 8, 1993 | NetDistributor | Software | ![]() |
— | |
November 8, 1993 | Trik-Distributor Mgmt Utility | Management software | ![]() |
— | |
December 31, 1993 | DataEase Intl Inc-Cert Tech | Software | ![]() |
$8,180,000 | |
January 13, 1994 | Quest Development | Data management software | ![]() |
— | |
June 1, 1994 | Central Point Software | Utility software | ![]() |
$62,960,000 | |
June 1, 1994 | SLR Systems | Software | ![]() |
$2,300,000 | |
September 30, 1994 | Intec Systems | Mobile computing | ![]() |
$1,610,000 | |
July 28, 1995 | Sytron | Computer peripheral | ![]() |
— | |
November 22, 1995 | Delrina | Software | ![]() |
$378,080,000 | |
June 30, 1996 | Fast Track | Open network design | ![]() |
$7,462,500 | |
June 4, 1998 | Eastman Software-Storage Mgmt | Storage migration technology | ![]() |
$10,000,000 | |
June 24, 1998 | Binary Research | Disk cloning technology | ![]() |
$27,500,000 | |
September 28, 1998 | Intel Corp-Anti Virus Business | Anti-virus software | ![]() |
— | |
March 30, 1999 | Quarterdeck | Utilities and community software | ![]() |
$78,411,000 | |
July 21, 1999 | Urlabs | Internet software | ![]() |
— | |
March 9, 2000 | L-3 Commun Network Security | Security solutions | ![]() |
$20,000,000 | |
December 18, 2000 | AXENT Technologies | Security solutions | ![]() |
$988,066,000 | |
August 30, 2001 | Lindner & Pelc Consult | Computer consulting | ![]() |
— | |
July 2, 2002 | Mountain Wave | Enterprise security management | ![]() |
$20,000,000 | |
August 6, 2002 | SecurityFocus | Cyber Intelligence | ![]() |
$75,000,000 | |
August 19, 2002 | Recourse Technologies | Internet security | ![]() |
$135,000,000 | |
August 19, 2002 | Riptech | Managed security | ![]() |
$145,000,000 | |
April 17, 2003 | Roxio-Goback Sys Recovery Ast | System recovery | ![]() |
$13,000,000 | |
July 18, 2003 | Nexland | Internet access | ![]() |
$19,600,000 | |
October 20, 2003 | SafeWeb Inc | Security and privacy | ![]() |
$26,000,000 | |
December 8, 2003 | PowerQuest | Software | ![]() |
$150,000,000 | |
February 17, 2004 | ON Technology | Network security software | ![]() |
$101,110,000 | |
June 22, 2004 | Brightmail | Anti-spam software | ![]() |
$370,000,000 | |
July 13, 2004 | TurnTide | Anti-spam software | ![]() |
$28,000,000 | |
October 8, 2004 | @stake | Digital security | ![]() |
$24,000,000 | |
October 11, 2004 | LIRIC Associates | Computer consulting | ![]() |
— | |
December 13, 2004 | Platform Logic | Software | ![]() |
— | |
May 16, 2005 | XtreamLok | Information Security | ![]() |
$17,873,000 | |
July 2, 2005 | Veritas Software | Business applications software | ![]() |
$13,520,000,000 | |
October 4, 2005 | WholeSecurity | Security software | ![]() |
$68,270,000 | |
October 7, 2005 | Sygate Technologies | Software | ![]() |
$176,971,000 | |
January 6, 2006 | BindView | Network management software | ![]() |
$220,716,000 | |
February 13, 2006 | IMlogic | IM protection software | ![]() |
$90,700,000 | |
February 17, 2006 | Relicore | Management software | ![]() |
$52,071,000 | |
November 20, 2006 | Revivio | Continuous data protection | ![]() |
— | |
December 1, 2006 | Company-i | Information technology | ![]() |
$37,000,000 | |
February 23, 2007 | 4FrontSecurity | Risk management | ![]() |
$7,000,000 | |
April 6, 2007 | Altiris | IT management software | ![]() |
$1,038,238,000 | |
November 30, 2007 | Vontu | Data security software | ![]() |
$350,000,000 | |
January 11, 2008 | Transparent Logic Technologies | Workflow optimization software | ![]() |
$12,000,000 | |
April 18, 2008 | AppStream | Application Streaming | ![]() |
$53,000,000 | |
June 6, 2008 | SwapDrive | Web-based software | ![]() |
$124,000,000 | |
August 8, 2008 | nSuite Technologies | Desktop virtualization | ![]() |
$20,000,000 |
|
October 6, 2008 | PC Tools | Utility software | ![]() |
$262,000,000 | |
November 14, 2008 | MessageLabs | SaaS Security Provider | ![]() |
$630,000,000 | |
March 20, 2009 | Mi5 Networks | Web Security Gateway | ![]() |
$18,000,000 | |
October 31, 2009 | SoftScan | SaaS Security Provider | ![]() |
— | |
January 12, 2010 | Gideon Technologies | Information security | ![]() |
— | |
June 4, 2010 | PGP Corporation | Data Encryption | ![]() |
$300,000,000 | |
June 3, 2010 | GuardianEdge | Endpoint Data Protection | ![]() |
$70,000,000 | |
May 19, 2010 | VeriSign security business | Authentication Services | ![]() |
$1,280,000,000 | |
October 10, 2010 | RuleSpace security business | Web content categorization | ![]() |
— | |
May 19, 2011 | Clearwell Systems | eDiscovery | ![]() |
$390,000,000 | |
January 16, 2012 | LiveOffice | SaaS Archiving | ![]() |
$115,000,000 | |
March 2, 2012 | Odyssey Software | Mobile Device Management | ![]() |
$36,000,000 | |
April 2, 2012 | Nukona | Mobile Application Management | ![]() |
$28,000,000 |
|
May 25, 2012 | VeriSign Japan KK | IT Security Software | ![]() |
— | |
July 18, 2013 | PasswordBank | Identity Management | ![]() |
— | |
May 28, 2014 | NitroDesk | Mobile Data Protection | ![]() |
— | |
August 14, 2015 | Blackfin Security | Cyber Security Training | ![]() |
— | |
June 12, 2016 | Blue Coat Systems | Cyber Security | ![]() |
$4,650,000,000 | |
November 20, 2016 | LifeLock | Identity Theft Protection | ![]() |
$2,300,000,000 | |
June 8, 2017 | Watchful Software | IT Security Software | ![]() |
— | |
July 6, 2017 | Fireglass | Malware Prevention | ![]() |
$225,000,000 | |
July 11, 2017 | Skycure | Mobile Threat Defense | ![]() |
$205,000,000 | |
November 6, 2017 | SurfEasy, Inc. | VPN Provider | ![]() |
$38,500,000 | |
November 5, 2018 | Appthority | Mobile Application Security | ![]() |
— | |
November 5, 2018 | Javelin Networks | Active Directory Security | ![]() |
— | |
February 12, 2019 | Luminate | Secure Application Access | ![]() |
$200,000,000 | |
December 7, 2020 | Avira | Computer security software | ![]() |
$360,000,000 | |
August 11, 2021 | Avast | Computer security software | ![]() |
$8,000,000,000 |
Investments
Date | Company | Business | Country | Value (USD) | References |
---|---|---|---|---|---|
May 27, 2010 | Mocana | Security | United States | N/A |
Stakes
Date | Company | Business | Country | Value (USD) | References |
---|---|---|---|---|---|
July 24, 2000 | Brightmail | Anti-spam software | ![]() |
$18,000,000 | |
February 5, 2008 | Huawei Tech Co Ltd-Telecom | Telecommunications | ![]() |
$150,000,000 |
Divestitures
Date | Acquirer | Target company | Target business | Acquirer country | Value (USD) | References |
---|---|---|---|---|---|---|
March 28, 1989 | NMB | Seagate Technology-Composite | Recording heads | ![]() |
— | |
November 30, 1989 | Carolian Systems International | Delrina | Software | ![]() |
— | |
May 15, 1990 | IBM | Delrina | Software | ![]() |
$1,900,000 | |
August 13, 1991 | Zortech | Symantec | Software | ![]() |
— | |
October 30, 1991 | Read-Rite | Conner Peripherals-Film Ops | Computer disk film | ![]() |
— | |
November 11, 1991 | — | Delrina | Software | — | $4,000,000 | |
February 15, 1993 | RR Donnelley Norwest | Central Point Software | In-house manufacturing | ![]() |
— | |
May 27, 1993 | Overland Data | Conner Peripherals Inc-Cipher | Cipher tape drive | ![]() |
$9,000,000 | |
October 18, 1993 | DOVatron International | Conner Periph SG-Surf Asm Elec | Disk drives | ![]() |
— | |
March 31, 1995 | CenterLine Software | Veritas Software Corp-Vista | Software tools | ![]() |
— | |
September 28, 1995 | Quarterdeck Office Systems | StarNine | Internet services provider | ![]() |
$12,470,000 | |
November 27, 1995 | Investor Group | Time Line Solutions | Computer-based management | ![]() |
— | |
March 11, 1996 | Creative Wonders | Delrina | Computer software | ![]() |
— | |
September 10, 1996 | JetForm | Delrina Corp-Electronic Forms | Database software | ![]() |
$100,000,000 | |
November 14, 1997 | Elron Electronic Industries | ON Technology-Network Mgmt | Network management software | ![]() |
$13,500,000 | |
November 30, 1997 | Elron Software | ON Technology Corp-Network | Network security software | ![]() |
$13,500,000 | |
January 14, 1998 | Platinum Equity | StarNine Technologies | Internet services provider | ![]() |
— | |
December 31, 1999 | SalesLogix | Symantec Corp-ACT! Software | Information management | ![]() |
$85,787,000 | |
June 9, 2000 | Seagate Technology | Seagate Software | Wholesale software | ![]() |
— | |
November 22, 2000 | Investor Group | Seagate Technology-Disk-Drive | Disk drives and storage devices | ![]() |
$2×10 | |
November 30, 2000 | Black Box Corporation | Intec Systems | Mobile computing | ![]() |
— | |
December 18, 2002 | Sonic Solutions | Veritas-Desktop, Mobile Div | Software | ![]() |
$9,200,000 | |
May 10, 2004 | TechTarget | myITforum | Web portal | ![]() |
— | |
January 31, 2006 | Symantec | Symantec | Internet software | ![]() |
$1×10 | |
March 10, 2008 | Vector Capital | Symantec Corp-Application | Internet software | ![]() |
— | |
July 8, 2008 | Electronic Evidence Discovery | Daticon | Litigation software | ![]() |
— | |
January 30, 2016 | The Carlyle Group | Veritas Technologies | data management software | ![]() |
— |
|
November 4, 2019 | Broadcom | Symantec enterprise security | enterprise security | ![]() |
$1.07×10 |