Cupertino-Based Symantec to Pay $830 Million for Utah-Based Altiris

Cupertino, Calif. -- Symantec, the Cupertino-based maker of Internet security software, said on Monday that it has agreed to pay $830 million in cash to acquire Altiris, a Utah-based maker of IT management software for businesses. Symantec said that the deal, expected to close by mid-year, will make it better able to help clients manage and enforce security policies at network endpoints,  as well as protect against threats and repair and service assets. Altiris' software is aimed at reducing the cost and complexity of tracking and maintaining an organization's corporate IT assets, including desktops, laptops, servers and handheld devices.
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