To this day, the Veritas deal is NortonLifeLock's biggest acquisition, and it made Symantec the fifth-largest software company in the world. (in 2007) for over $1 billion and Veritas Software (in 2005) for over $13 billion. Two of these were in the billions: Altiris Inc. This trend continued into the 2000s with 37 companies being acquired. In the 1990s, 25 companies were acquired with a combined value of nearly $1 billion. In the 1980s, three companies were taken over with no known value. Norton's 2017 acquisition of LifeLock was a $2.3 billion deal and allowed Norton to offer dark web monitoring, identity protection, and identity restoration services to consumers, which is now one of the top identity protection and monitoring services available. The deal closed at $10.7 billion and separated NortonLifeLock and its Norton software from Symantec which continues to offer enterprise solutions. took over the enterprise security division of Symantec after attempting to purchase the whole company. Norton was the name of Symantec's consumer software, whereas its enterprise solutions used the Symantec name like Symantec Endpoint Protection.Īlthough LifeLock was acquired by Norton in 2017, the name change happened in 2019 after Broadcom Inc. Symantec Corporation was founded in 1982 and it kept that name until 2019 when it was renamed NortonLifeLock. What does this mean for you and the wider antivirus industry? Why Is Symantec Now NortonLifeLock? BullGuard’s unique features may be lost to history. Avira acquired BullGuard in 2021, which was under Norton at the time, and in a year found itself replaced by Norton's software.
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