Symantec to acquire Sygate Technologies

Symantec to acquire Sygate Technologies

Security application developers and the giants in their fields, Symantec has announced plans to acquire Sygate Technologies. Sygate Technologies are developers of network access-control and endpoint-protection policy-enforcement products and would now bring their proficiency to the Symantec group of products. Symantec plans to initially offer the Sygate range of products in their current form and plan to use them in conjunction with network equipment from Alcatel, Enterasys, Juniper, and Nortel.

This would enable the company to offer solutions to control network access based on policy decisions that may include anti-virus or patch updates. Sygate already is part of the Cisco’s network admission control program and supports Cisco-led method of desktop policy enforcement. In the later days, the company would be integrating Sygate Enterprise Protection 5.0 into their current endpoint-protection products, which include Symantec Client Security.

Brian Foster, Symantec’s senior director of product spoke about the company plans: “This will be the primary product area in which we intend to include SEP 5.0”. He also noted that after combining SEP 5.0 and Symantec Client Security, SEP 5.0 will eventually be phased out. Sygate as a company was originally founded under the name Sybergen Technologies by Chief Technology Officer Chris Guo with financial support from Trident Capital, Trinity Ventures, and MVC Capital.

Some of the bigger clients of the company include Prudential Financial and Diebold. Both the companies also declined to reveal the financial deal behind this acquisition.