Story updated with Symantec response.
MOUNTAIN VIEW, Calif. (
shares surged on Wednesday following rumors that the security software maker could be an acquisition target for
The software maker's stock closed up 61 cents, or 4.37%, at $14.58.
Symantec, which missed Wall Street's revenue estimate in its recent
shocking $7.7 billion acquisition of
. Companies such as
have all been touted as potential buyers of security technology at a time when businesses are under intense pressure to lock down data.
A spokeswoman for Symantec said that the company does not comment on industry rumors or speculation. Microsoft has not yet responded to
request for comment on this story.
--Written by James Rogers in New York.
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