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Symantec Acquires Windows Security Vendor PC Tools

August 19, 2008 by Shanmuga  
Filed under Software

"Symantec has signed a definitive agreement to acquire PC Tools, a provider of security and utilities software for Microsoft Windows. Financial terms of the deal, which is expected to close by the end of 2008, were not disclosed. Headquartered in Australia, PC Tools has offices in the United States, United Kingdom, Ireland and the Ukraine.

According to Symantec, the acquisition is meant to expand Symantec’s reach into new markets and bring PC Tools’ computer maintenance, utility and security technologies into Symantec’s consumer products. PC Tools’ product portfolio includes Spyware Doctor, Registry Mechanic and Desktop Maestro, which integrates registry cleaning, system monitoring and privacy cleaning. " - Content courtesy of Symantec Acquires Windows Security Vendor PC Tools - Security

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