Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Security software vendor Symantec today announced it has signed an agreement to acquire Altiris, a provider of IT management software that enables businesses to manage and service network-based endpoints - from mobile devices, laptops, and desktops to servers and storage assets.
Under the terms of the agreement, Altiris
stockholders will receive $33 per share of Altiris common stock in
cash, resulting in a transaction value of approximately $830 million
net-of-cash-acquired. The transaction is subject to customary closing
conditions including regulatory and Altiris stockholder approvals, and
is expected to close in the second calendar quarter of 2007.
Symantec's acquisition of Altiris is aimed at bolstering its position
on the enterprise endpoint. Symantec helps businesses protect their
endpoints with leading security, compliance, and backup and recovery
solutions for mobile devices and PCs to servers and storage assets.
Altiris helps companies manage their endpoints and the configuration of
those assets. With the Altiris solutions, Symantec expects to be able
to help customers better manage and enforce security policies at the
endpoint, identify and protect against threats, and repair and service
assets.
"The most secure endpoint is a well-managed endpoint. The best
protection must be complemented by the ability to remediate and address
vulnerabilities that could be exploited," said John W. Thompson,
chairman and chief executive officer, Symantec. "By combining the
endpoint management solutions from Altiris with the security expertise
from Symantec, we believe we can offer customers a more comprehensive
solution to protect and manage the millions of connected devices that
make up the fabric of today's global IT infrastructure."
Altiris solutions are aimed at reducing the cost and complexity of
tracking, supporting, and maintaining an organisation's corporate IT
assets, including desktops, laptops, servers, and handheld devices.
"Today's IT departments are faced with constant pressures to manage
spiraling IT complexity at the lowest possible cost. We have made it
our goal to help businesses reduce the cost and complexity of IT,
improve system and data security, and better align IT service with
corporate objectives," said Greg Butterfield, president and chief
executive officer, Altiris. "By combining our software solutions,
services, and channel distribution strengths, Symantec and Altiris can
offer our customers the 'total package' in endpoint management."
David Bass
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