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Symantec Snares Three More

July 18

Continuing its accelerating roll-up of security software and services vendors, Symantec announced today its purchase of three players for $355 million -- SecurityFocus, Riptech and Recourse Technologies.

Symantec will continue to market some of the acquired products under their own names, and rebrand others. The transactions include 335 employees, most of whom will remain with the firm.

These deals follow Symantec's purchase on July 5 of security vendor Mountain Wave for $20 million in cash.


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