Symantec completes its PGP and GuardianEdge acquisitions to move into the encryption market

News by Dan Raywood

Symantec has completed its purchase of PGP and GuardianEdge.

Symantec has completed its purchase of PGP and GuardianEdge.

The acquisitions of the email and data encryption providers was announced during this year's Infosecurity Europe exhibition, and was followed three weeks later by the purchase of the identity and authentication business division from VeriSign.

Symantec said that by bringing together PGP and GuardianEdge's standards-based encryption capabilities with Symantec's endpoint security and data loss prevention offerings, it has 'the broadest set of integrated data protection solutions to address the needs of all customer segments from the largest enterprises and government organisations to small businesses and individuals'.

Francis deSouza, senior vice president of the enterprise security group at Symantec, said: “Businesses must take an information-centric approach to security, understanding where information is, who owns it, how it is being used and who has access to it, and then implementing enforceable data protection policies enterprise-wide to protect those critical assets. With the integration of PGP and GuardianEdge, Symantec will deliver on the promise of making data protection more intelligent, policy-driven and easy-to-manage.”

Jon Oltsik, principal analyst at Enterprise Strategy Group, said: “This will certainly protect data confidentiality but encryption and key management could quickly overwhelm IT organisations with new tasks and tools. With the combination of GuardianEdge and PGP, Symantec can address these issues as a one-stop-shop for enterprise encryption and key management. This should make Symantec especially popular with large security-focused organisations in financial services, health care, governments and other industries.”


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