Symantec to acquire IMlogic
Posted: 16 January 2006
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Symantec said it has signed a definitive agreement to acquire IMlogic, a market leader in enterprise software for instant messaging . IMlogic’s technology provides a complete solution to control and secure public and enterprise IM networks while ensuring compliance with regulatory and corporate governance policies. The acquisition is expected to close shortly after receiving customary regulatory approvals.
Enrique Salem, senior vice president of Security Products and Solutions, Symantec said: “Real-time communication solutions like instant messaging are powerful collaboration tools that create a new attack vector for threats to enter an enterprise network and new forms of digital communication with the same government, legal, and business requirements to retain and retrieve as email.
“With the best-of-breed instant messaging management and compliance software from IMlogic, Symantec will be the first and only vendor to offer a complete security and archiving solution to help customers manage all their messaging requirements.”
Consumers have already embraced instant messaging as a communications tool and are sending more than 12 billion messages daily, with many users sending more instant messagess than e-mails. The rapid adoption of IM networks by consumers and corporate users, combined with evolving real-time communications functionality such as VoIP, makes instant messaging a viable vehicle for malicious threats which can leverage global IM directories to find new targets.
Francis deSouza, president and CEO, IMlogic said: “Our customers have asked us for a holistic management tool to control all real-time collaboration and keep it highly available, compliant, and secure. They understand the requirements for messaging security and a number of them are already using our solutions in combination with Symantec solutions.”
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