Posts Tagged ‘Symantec’

Chinese Government Blocks Symantec, Kaspersky From Procurement List

The Chinese government has reportedly excluded the American anti-virus company Symantec and Russian anti-virus company Kaspersky from its list of qualified suppliers. People’s Daily, an official newspaper of the Chinese government, previously revealed via its social media channel that the Chinese government procurement department had excluded Symantec and Kaspersky from its information security software suppliers […]

Chinese Tech Security Firm Invests In Brazilian Cloud Company

Brazilian cloud computing security company PSafe Technologia announced its third-round financing of USD30 million, including a reported USD25 million infusion from China’s Qihoo 360 and USD5 million from Redpoint and Pinnacle. Qihoo 360 confirmed the news of this investment and said it is an additional investment in PSafe. The Chinese company did not reveal the […]

Huawei To Acquire 49% Stake In Security JV With Symantec

Chinese telecom equipment maker Huawei Technologies Company Limited has announced that the company will acquire a 49% stake in Huawei Symantec Technologies Company Limited, a joint venture established by Huawei and Symantec, for USD530 million. The transaction is subject to regulatory approvals and is expected to close in the first quarter of 2012. On the […]

Hong Kong Earns Highest Email Spam Honor

Technology security company Symantec says Hong Kong received the highest level of spam of any region or country in the world as the company published its latest report.
The May 2009 MessageLabs Intelligence Report highlights that spam experienced a further worldwide increase of 5.1% since last month, reaching heights of 90.4%. Email spam levels in Hong […]

Symantec Heads For Chengdu

John Thompson, chairman of the board of directors and chief executive officer of the U.S.-based Symantec Corporation, has announced the establishment of Symantec China R&D Center Chengdu and the establishment of Symantec China Safety Response Center.