Symantec buys MessageLabs for $695 million; Bolsters SaaS lineup

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10-08-2008, 03:03 PM

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Symantec buys MessageLabs for $695 million; Bolsters SaaS lineup

Somebody is finding some values out there in techland. Symantec on Wednesday said it is acquiring MessageLabs for $695 million in cash. MessageLabs, which offers messaging and Web security services, had about $145 million in revenue for the fiscal year ending July 31. Symantec...

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