Symantec enters instant messaging security market by acquisition


Symantec enters instant messaging security market by acquisition

Antony Savvas

Security software company Symantec is targeting the instant messaging security market by acquiring leading player IMlogic.

IMlogic is among a small number of companies at the forefront of security in the growing instant messaging security market, and often alerts the market to new security threats affecting instant messaging systems.

With companies increasingly using instant messaging as a business tool, including the use of consumer-based systems from the likes of Yahoo, MSN, Google and AOL, the acquisition seems logical if Symantec wants to offer a full enterprise security package.

The price of the acquisition has not been revealed. Symantec expects the deal to be completed in the coming weeks.

IMlogic sells the IM Manager software, which is designed to protect both public and corporate IM networks.

IMlogic reported this week that IM networks saw an 825% rise in security attacks last month, when compared to the same period the previous year.

Enterprise hosted e-mail security company MessageLabs acquired IM company OmniPod last November.

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