Tech Company M&A Transactions

LifeLock Acquisition

On 11/20/2016, LifeLock was acquired by Symantec. Financial terms set the valuation at $2.3 billion.

Transaction Overview

Company Name
Acquired By
Announced On
11/20/2016
Transaction Type
M&A
Amount
$2,300,000,000
M&A Terms
Symantec Corp. (NASDAQ: SYMC) and LifeLock, Inc. (NYSE: LOCK) today announced that they have entered into a definitive agreement for Symantec to acquire LifeLock for $24 per share or $2.3 billion in enterprise value.

Company Information

Company Status
Acquired or Merged
Industry
Security
Mailing Address
60 E Rio Salado Pkwy 400
Tempe, AZ 85281
USA
Email Address
Overview
LifeLock was the nation's first ID Theft Prevention Company that maintains active fraud alerts with the three major credit bureaus, as well as ChexSystems.
Profile
LifeLock LinkedIn Company Profile
Social Media
LifeLock Company Twitter Account
Company News
LifeLock News
Facebook
LifeLock on Facebook
YouTube
LifeLock on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hilary Schneider
  Hilary Schneider LinkedIn Profile  Hilary Schneider Twitter Account  Hilary Schneider News  Hilary Schneider on Facebook
Chief Financial Officer
Chris Power
  Chris Power LinkedIn Profile  Chris Power Twitter Account  Chris Power News  Chris Power on Facebook
Chief Information Officer
Neil Daswani
  Neil Daswani LinkedIn Profile  Neil Daswani Twitter Account  Neil Daswani News  Neil Daswani on Facebook
Chief Marketing Officer
Ty Shay
  Ty Shay LinkedIn Profile  Ty Shay Twitter Account  Ty Shay News  Ty Shay on Facebook
VP - General Counsel
Sharon Segev
  Sharon Segev LinkedIn Profile  Sharon Segev Twitter Account  Sharon Segev News  Sharon Segev on Facebook
VP - Human Resources
Michelle Eisenstat
  Michelle Eisenstat LinkedIn Profile  Michelle Eisenstat Twitter Account  Michelle Eisenstat News  Michelle Eisenstat on Facebook
VP - Operations
Dev Patel
  Dev Patel LinkedIn Profile  Dev Patel Twitter Account  Dev Patel News  Dev Patel on Facebook


 

 

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Where The Data Comes From

We report on funding rounds that are announced publicly. All VC database entries reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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