Symantec is acquiring Israeli cybersecurity startup Fireglass, the company said on Thursday, in a small deal designed to boost its products that protect corporate email and web browsing from threats.
Symantec is paying an undisclosed sum for the Tel Aviv-based company of about 40 employees. Fireglass specializes in an area of security called “browser isolation,” a technology that creates virtual websites allowing users to browse any content without having viruses touch their network.
“Browser isolation” is an area that Symantec had been looking to enter for some time, Chief Executive Greg Clark said in an interview. He cited a Gartner report that projected that 50% of enterprises would adopt browser isolation by 2021.
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.