SYMANTEC has bolstered its consumer product portfolio with the acquisition of Australian security software developer PC Tools.
The value of the deal wasn’t disclosed. It is expected to be finalised by the end of the year.
PC Tools is headquartered in Sydney, with offices in US, Britain, Ireland and Ukraine. Symantec said the acquisition expands its reach in emerging regional markets.
PC Tools has over 200 staff globally and will remain a separate entity in the security giant’s consumer business.