Symantec is all set to acquire data leakage prevention (DLP) software maker Vontu, with a formal announcement expected in the coming week.
DLP has become an increasingly popular sector in the larger IT security market as companies of all sizes look for methods to prevent malicious or unintentional distribution of sensitive data from their networks. The deal also gives Symantec a foothold in the burgeoning DLP segment, also referred by some as the ILP (information leakage prevention) space.
The DLP segment is of particular importance to enterprises for countering insider threats. With several compliance regulations and data exposure incidents, the segment is attracting as many as 40 different vendors with several buy-outs.
Symantec's deal comes after McAfee's acquisition of Onigma (Eweek), another smaller player in the DLP sector. The acquisition will help Symantec widen its software portfolio for enterprises, in a market where data leakage is an emerging threat to organizations of all sizes.