Symantec to buy Blue Coat Systems for $4.65 bn
Tech firm Symantec, the maker of Norton antivirus software, on Sunday announced it would buy security solutions provider Blue Coat Systems for $4.65 billion in an all-cash deal to ramp up its enterprise security business. Symantec had, in January, sold its data storage business Veritas for $7.4 billion to reportedly raise cash to turn around its core security business.