Symantec CEO Clark Not Ruling Out Another Deal

Symantec CEO Greg Clark said that he hopes to make a move in the future that would make sense and good for equity.
By Giovanni Bruno ,

Cybersecurity company Symantec (SYMC) - Get Report , which recently completed two multi-billion dollar deals for LifeLock and Blue Coat Systems, might not be finished shopping. 

"There are things that could absolutely change everything in the industry if they made sense and was good for our equity," CEO Greg Clark told Bloomberg on Tuesday. "At some point in the future something like that could be helpful."

Clark likened a future significant acquisition to Oracle's (ORCL) - Get Report purchase of PeopleSoft in 2005, which powered the cloud computing giant into the applications software space while lowering its reliance on database software sales.

"This kind of stuff is definitely going to be available to us," Clark said.

One potential target Clark said he had his eye on was Splunk (SPLK) - Get Report , a software company analyzing machine-generated big data, but would not specify whether it would be the right fit for Symantec.

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