Symantec to Buy Blue Coat Systems for $4.65 Billion

Symantec plans to buy Blue Coat Systems in a $4.65 billion deal that will give the computer-security company a new portfolio of cyberdefense technologies along with a new chief executive. Blue Coat Chief Executive Greg Clark is set to take that role at Symantec after the deal closes, which is expected to occur before October, the companies plan to announce. While Symantec is a pioneer in antivirus software that runs on personal computers, Blue Coat’s domain is the World Wide Web.

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