Symantec Corp. Acquires GuardianEdge Technologies for $70,000,000

  • Feed Type
  • Date
    4/29/2010
  • Company Name
    GuardianEdge Technologies
  • Mailing Address
    475 Brannan Street San Francisco, CA 94107
  • Company Description
    GuardianEdge Technologies is a trusted and proven partner to large organizations looking to reduce the cost and complexity of deploying and managing enterprise-class encryption across multiple mobile devices. The company’s encryption solutions offer enterprises greater control over digital assets, ensure regulatory compliance, and protect information confidentiality — without affecting employee productivity. Clients include numerous large organizations across several vertical markets — with a majority in the defense, aerospace, financial services and healthcare industries.
  • Website
    http://www.guardianedge.com
  • Transaction Type
    M&A
  • Transaction Amount
    $70,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    GuardianEdge was acquired for $70 million in cash.

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