Symantec (NSDQ:SYMC) on Tuesday confirmed plans to acquire Gideon Technologies, a move that gives Symantec a security content automation protocol (SCAP)-validated portfolio to bolster its federal government practice.
Financial terms of the deal, which Symantec expects to close at the end of its March quarter, were not disclosed.
“Gideon is a leader in SCAP, and they jumped in very early there and have a great deal of expertise,” said Gigi Schumm, Symantec’s vice president and general manager, public sector. “We looked at buy versus build and it was a time-to-market consideration.”
