With ‘decisive, bold move,’ Symantec bolts past IBM in security market
Editor’s note: Symantec’s “decisive and bold” acquisition of Blue Coat creates a new market share leader in the enterprise security space, vaulting past IBM. Here’s a look at what’s happening in the security space from Technology Business Research Analyst Jane Wright. HAMPTON, N.H. – Two complementary companies join forces to capture market leadership through Symantec’s announced acquisition earlier this week of Blue Coat Systems. Although Symantec holds the second-largest share of the enterprise security market in revenue, its revenue and customer growth rates have been decelerating at an alarming rate, putting the vendor at risk of dropping to the...
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