Friday, August 25, 2006

Will HP Buy McAfee or even Symantec? - Blogging Stocks

"This week, IBM shelled out $1.3 billion for Internet Security Systems, which is a top provider of security software and consulting. In fact, over the past month, IBM has spent about $3.6 billion on software acquisitions.
So, might there be more buyout activity in the security sector? Perhaps McAfee or even Symantec are targets?
In fact, there have been a variety of security deals, such as Novell's purchase of eSecurity, as well as EMC's purchase of RSA for $2.1 billion.
Yes, security is red hot รข€“ and for good reason. It's the #1 priority for corporate IT. More importantly, security is extremely difficult, requiring lots of strong technology and domain expertise."

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