Tech Company M&A Transactions
SafeWeb Acquisition
SafeWeb was acquired by Symantec. The acquisition was announced on 10/20/2003. Symantec said the transaction price was $26 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/20/2003
Transaction Type
M&A
Amount
$26,000,000
M&A Terms
Symantec Corp. today announced the acquisition of SafeWeb, Inc., for $26 million in cash. The acquisition brings to Symantec SafeWeb's Secure Extranet Appliance technology designed to reduce the cost and complexity of deploying, managing, and maintaining secure access to remote users.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
520 Third Street 204
Oakland, CA 94607
USA
Oakland, CA 94607
USA
Phone
Website
Email Address
Not Recorded
Overview
SafeWeb designs secure remote access solutions that are effective, economical, and simple. Its mission is to drastically reduce the cost and complexity of securing corporate network resources for remote access.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jon Chun
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