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Symantec Closes on Altiris

CUPERTINO, Calif. -- Symantec Corp. (Nasdaq: SYMC) today announced that it completed its acquisition of Altiris, Inc. as of the close of business on April 6, 2007. Altiris is a leading provider of IT management software that enables businesses to easily manage and service network-based endpoints - from mobile devices, laptops, and desktops to servers and storage assets. The acquisition agreement between Symantec and Altiris was announced on Jan. 29, 2007.

Symantec helps businesses protect their endpoints with leading security, compliance, and backup and recovery solutions for mobile devices and PCs to servers and storage assets. With the close of this acquisition, Symantec expects to leverage Altiris' strength in reducing the cost and complexity of tracking, supporting, and maintaining an organization's corporate IT assets.
The combination creates a comprehensive approach to better manage and enforce security policies at the endpoint; identify and protect against threats; and repair and service assets.

Symantec Corp. (Nasdaq: SYMC)