Symantec Corp. Acquires PGP Corporation for $300,000,000

  • Feed Type
  • Date
    4/29/2010
  • Company Name
    PGP Corporation
  • Mailing Address
    200 Jefferson Dr. Menlo Park, CA 94025
  • Company Description
    The global customer standard for encryption and digital signature solutions, PGP Corporation develops, markets, and supports an integrated data security suite used by more than 30,000 enterprises, businesses, and governments worldwide, including 84% of the Fortune 100, 66% of the Fortune Global 100, and thousands of individuals and cryptography experts.
  • Website
    http://www.pgp.com
  • Transaction Type
    M&A
  • Transaction Amount
    $300,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    PGP was acquired for $300 million in cash.

Trending on Xconomy