Antivirus To Buy Anti-Spam - InformationWeek

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Antivirus To Buy Anti-Spam

Symantec Corp. said last week it will acquire anti-spam company Brightmail Inc. for $370 million in an all-cash transaction. Brightmail, which provides its technology to large Internet service providers, also has about 1,800 business customers, including Avaya, Deutsche Bank, and Microsoft. Its technology should strengthen Symantec's ability to provide anti-spam technology to customers at their Internet gateways. The deal is expected to close in July.

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