Symantec Acquires BindView Development Corporation
October 4, 2005
Symantec Corp. agreed to acquire BindView Development Corporation in an all-cash transaction valued at approximately $209 million (about $4 per share). The deal, announced Oct. 4, 2005, brings BindView's agent-less IT security compliance and vulnerability-management capabilities into Symantec's product portfolio to provide a more comprehensive, end-to-end security and policy compliance solution.
- Buyers
- Symantec Corporation
- Targets
- BindView Development Corporation
- Sellers
- BindView shareholders
- Industry
- Cybersecurity
- Location
- United States
- Transaction Type
- Buyout
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