Symantec Acquires Management Software Firm

The company adds Relicore to its acquisition spree.
Author:
Publish date:

Security software firm

Symantec

(SYMC) - Get Report

will acquire Relicore, a privately held management software company based in Burlington, Mass.

Relicore's signature product, Relicore Clarity, automatically documents, maps and tracks changes to applications and servers in real time. The acquisition is key to Symantec's goal of creating an integrated product for standardized and simple data center management, the company said in a press release.

Terms of the deal, which is expected to close midmonth, were not disclosed.

"The combination of Relicore's unique, real-time configuration management capability with Symantec's existing server management and storage management capabilities will allow IT managers to fully understand their application and server environment, and actively manage it," Kris Hagerman, a senior vice president at Symantec, said in a statement.

Relicore's Clarity keeps track of all applications running on servers in real-time, making it easier for IT managers to troubleshoot problems. The software can also manage compliance with regulatory requirements like Sarbanes-Oxley, by mapping resources associated with financial reporting systems. Combining Relicore's technology with Symantec's security products will create a more secure and reliable data center, the company said.

The announcement had little effect on Symantec's stock, which was trading up 2 cents to $16.97 after hours.