Symantec Acquires Blue Coat Systems for $4,650,000,000

  • Feed Type
  • Date
    6/13/2016
  • Company Name
    Blue Coat Systems
  • Mailing Address
    420 North Mary Avenue Sunnyvale, CA 94085 USA
  • Company Description
    Blue Coat offers advanced Network + Security + Cloud protection for 15,000 organizations every day, including 88 of the 100 largest global companies
  • Website
    http://www.bluecoat.com
  • Transaction Type
    M&A
  • Transaction Amount
    $4,650,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Technology security firm Symantec Corp said it would buy privately held cyber security company Blue Coat for $4.65 billion in a cash deal that will ramp up Symantec’s enterprise security business.