Symantec to buy DLP specialist Vontu

Symantec's buyout could happen as early as next week as the security giant tries to gain a foothold in the red-hot data leakage prevention market

Security software giant Symantec is preparing to announce an acquisition of Vontu, one the largest remaining independent providers of data leakage prevention software, which is used to control the flow of sensitive information across corporate networks.

Multiple industry sources have confirmed to InfoWorld that Symantec will soon announce a buyout of Vontu, perhaps as early as next week, which will significantly further the trend of consolidation that has played-out in the red-hot DLP (data leakage prevention) space over the last year.

The deal also gives Symantec a foothold in the burgeoning DLP segment, also referred by some as the ILP (information leakage prevention) space.

The two companies already maintain an OEM business partnership, through which Symantec markets Vontu's DLP technologies to its customers.

Sources said that the proposed deal will have Symantec paying US$300-$350 million for privately-held Vontu, whose revenues are estimated at roughly US$30 million per year by some industry analysts.

Symantec representatives didn't immediately return calls seeking comment on the rumored buyout.

DLP has become an increasingly popular sector in the larger IT security market as companies of all sizes look for methods to prevent malicious or unintentional distribution of sensitive data from their networks.

The technology has been pitched by its proponents as one of the few available tools for protecting against so-called "insider threats," through which companies fear the loss of data like customer records or closely-protected intellectual property at the hands of employees, business partners, or hidden malware infections.

Driven by a range of market forces, including compliance regulations and high-profile data exposure incidents, the niche has attracted the interest of nearly 40 different vendors seeking to cash in on growing demand among buyers, particularly large enterprises in highly-regulated industries, such as the financial services space.

Among the deals that have already occurred in the DLP market are WebSense's acquisition of PortAuthority

McAfee, Symantec's closest rival, announced plans to acquire encryption and device access control specialist SafeBoot for US$350 million. Industry watchers believe that McAfee made the deal to bolster its standing in the DLP market, which it originally entered via the acquisition of data leakage software maker Onigma, a far smaller vendor than Vontu, for US$20 million in late 2006.

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Matt Hines

InfoWorld
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?