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Symantec Buys IT Security Vendor Mountain Wave

July 5

In another consilidation move for the IT security industry, giant security software/service player Symantec has purchased Mountain Wave for $20 million in cash.

Founded in 1996, Mountain Wave specialized in enterprise and network security management services and software, and developed CyberWolf, a security incident detection system that optimizes network security and allows faster intervention against threats.

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