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Biz Break: Symantec goes shopping, Steve Jobs doll not for sale, and Facebook plans IPO
16-01-2012
Tagged Under : Doll, Jobs Doll, Steve Jobs, Steve Jobs Doll
Today: Mountain View-based computer-security company Symantec buys LiveOffice for about $115 million, giving it cloud-archiving offering. Also: Steve Jobs doll will not be released after pressure from Apple (AAPL), Jobs lawyers, and a report says Facebook wants public debut to be in May.
Symantec buys cloud-based archiving company
Mountain View-based computer-security company Symantec joined the rush to cloud computing in announcing Monday its acquisition of email-archiving company LiveOffice for about $115 million.
LiveOffice, based in Torrance, offers cloud-based archiving of information, with a focus on email, allowing Symantec another service to go along with their industry-leading security software. Symantec also boosted the integration of its storage and search offerings, allowing for secure storage, organization and discovery of information for companies through on-site or remote servers, or a combination of the two.
“What were once disparate issues — information management, eDiscovery, and data security — are rapidly coming together due to the explosion of electronically stored information and the on-premise and