CUPERTINO, Calif. – Sept. 17, 2004 - Symantec Corp. (Nasdaq: SYMC), the global leader in information security, today announced that it has signed a definitive agreement to acquire LIRIC Associates, a UK-based consultancy that offers expertise in assessing the security needs of highly complex global networks and designing the architecture and policies to secure these networks. The transaction is expected to close in October.
"Customers have asked Symantec to offer services that complement our security technology," said Giuseppe Verrini, Symantec vice president of EMEA. "LIRIC Associates has an unparalleled reputation as the leader in designing security solutions to address the needs of highly complex networks. Its people and knowledge will expand our consulting capabilities and allow us to better meet the needs of our customers."
By acquiring LIRIC, Symantec is expanding the capacity of its global professional services group to help customers to bridge the gap between security threats and the security technologies that address those threats. LIRIC's services range from vulnerability and risk assessment to secure system design to operational security policies. Its consultants and engineers all have a minimum of 20 years' experience in their field and the company has a number of industry certifications that assure the highest quality, including ISO 9000-2000 and BS 7799. These qualifications allow LIRIC to work with customers that include national and local UK government and major corporate organizations throughout the United Kingdom.
"LIRIC has acquired a reputation as being a trusted partner in the security consulting business by providing unparalleled expertise to highly sensitive public sector customers," said Roy Isbell, co-founder of LIRIC Associates. "By joining forces with Symantec, we can leverage our expertise and Symantec's brand strength to create a more robust solution to a broader set of customers around the world."
Since its formation in 1994, LIRIC Associates Ltd has provided innovative Information Technology, IT Security and Telecommunications consultancy to a wide range of UK government departments and private sector organizations. LIRIC maintain a vendor-independent stance making them an ideal partner to monitor the delivery of services and products on behalf of their clients - a trusted advisor role. The company has helped protect its clients' IT systems against hacking and corporate fraud with a comprehensive range of services, which include consultancy advice, assessment design, implementation, and management.
Symantec is the world leader in providing solutions to help individuals and enterprises assure the security, availability, and integrity of their information. Headquartered in Cupertino, Calif., Symantec has operations in more than 40 countries. More information is available at www.symantec.com.
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