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Symantec buys Vontu




Symantec buys Vontu
Symantec buys Vontu



http://www.infoworld.com/article/07/11/05/Symantec-buys-Vontu_1.html 

By Robert McMillan
IDG News Service
November 05, 2007

Symantec said Monday that it will spend $350 million to purchase data 
leak prevention vendor Vontu, making it the latest security vendor to 
enter this new but crowded market.

The acquisition is expected to close by year's end, putting Symantec in 
competition with security vendors McAfee, Trend Micro, and Websense, all 
of whom have acquired data loss prevention companies of their own over 
the past year.

Vontu sells software that discovers sensitive information on the network 
and then prevents it from leaking out on laptops or storage devices. 
With state-mandated data-breach notification laws and new federal 
regulations making it increasingly important for companies to keep a lid 
on sensitive data, this kind of technology is becoming attractive to 
security vendors such as Symantec.

Symantec has already been shipping Vontu's software as an add-on to its 
Mail Security 8300 series appliances for the past year and a half.

The company's first order of business following the acquisition, 
however, will be to integrate Vontu's detection software into Symantec's 
Endpoint Protection 11.0 corporate antivirus software, said Steve Roop, 
vice president of marketing and products with Vontu.

After that, the software will be integrated with Symantec's archiving 
and backup products so that IT staff can search the network for 
sensitive data, he said. When that integration is completed, "rules and 
decisions about what sensitive data can be backed up and where it can be 
stored can be put in place," he said. "That's a capability that's never 
really existed before."

The market for Vontu's products is small but growing, according to 
company officials.

In 2006, the company booked $29 million in sales, according to Roop. 
That number is expected to reach $43 million this year, he said.

Founded in 2001, Vontu employs a staff of about 160.


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