Symantec Acquires LifeLock For $2.3 Billion
Mountain View-based Symantec has acquired Tempe, Arizona-based identity theft protection provider LifeLock , in a deal worth $2.3 billion in cash, according to the companies on Sunday evening. Symantec will pay $24.00 a share for LifeLock. The companies said the acquisition will expand addressable market, broaden value proposition, and enable sustainable consumer segment revenue and profit growth for the companies.
posted on Sunday, November 20, 2016
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