Norton Antivirus firm buys rival

US anti-virus software firm Symantec has agreed to buy web security firm MessageLabs for $695m (£401.2m).

Best known for its Norton range of PC security software, the move is set to allow Symantec to expand its internet services business.

MessageLabs produces security products for instant-messaging, e-mail and the internet.

Subject to regulatory approval, the firms hope the deal will be completed by the end of the year.

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Capt CHAOS3709d ago

Less competition is a bad thing.