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Announced

Symantec acquired Israeli cybersecurity company Luminate Security.

Synopsis

Symantec Corporation, the world’s leading cyber security company, acquired Israeli cybersecurity company Luminate Security. Luminate’s Secure Access Cloud technology further extends the power of Symantec’s Integrated Cyber Defense Platform to users as they access workloads and applications regardless of where those workloads are deployed or what infrastructure they are accessed through. Financial terms were not disclosed. “Now and in the future, we anticipate more and more corporations will operate their business on infrastructure that is managed by multiple third parties such as Azure, AWS and Google. In this rapidly evolving world, trust in external infrastructure must be carefully considered as corporations can outsource infrastructure but must also remain responsible for data and users. Luminate incorporated into Symantec’s Integrated Cyber Defense puts us at the forefront of security in the cloud era,” said Greg Clark, president and CEO, Symantec. “Secure and private access is a cornerstone of cyber defense. We are excited to partner with the Luminate team and look forward to rapid delivery of this unique capability to our customers and continuing to provide quantifiable value to their cloud journey.”

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