Symantec (ticker: SYMC, exchange: NASDAQ Global Market (.O))
News Release -
Symantec Positioned as a Leader in Mobile Data Protection Magic QuadrantRecently Acquired Encryption Technologies From PGP and GuardianEdge Strengthen Symantec Endpoint Offering
MOUNTAIN VIEW, CA, Sep 16, 2010 (MARKETWIRE via COMTEX) --
Symantec Corp. (NASDAQ: SYMC) today announced that it has been positioned by Gartner, Inc. in the Leaders Quadrant of the 2010 Magic Quadrant for Mobile Data Protection"(1) report. Symantec's submission featured its multi-platform full disk encryption, removable storage encryption and device control solutions for the endpoint. The Magic Quadrant positions vendors based on their ability to execute and completeness of vision.
"Interest in data protection is typically fueled by liability and privacy concerns and protection of intellectual property," notes the report. "Legislation across the world enacts increasingly tough penalties, as well as requirements for public disclosure in the event of a real or suspected mishandling of personally identifiable information... Gartner believes that the costs to mitigate a data breach are always higher than the cost to invest in preventive measures such as Mobile Data Protection."
The report was authored by Gartner Vice President and Distinguished Analyst John Girard and Gartner Research Vice President Eric Ouellet. It discusses the overall market for mobile data protection for notebook computers and smaller handheld devices such as PDAs and smartphones.
"With the successful integration of PGP and GuardianEdge, Symantec is delivering on the promise of making data protection more intelligent, policy-driven and easy-to-manage," said Francis deSouza, senior vice president, Enterprise Security Group, Symantec. "Our position as a leader in the Gartner Mobile Data Protection Magic Quadrant is an important milestone as Symantec extends its ability to help customers secure and manage their most critical information. At the same time, customers can rest assured their existing PGP and GuardianEdge encryption solutions will be supported moving forward."
Encryption from Symantec
Symantec provides a variety of encryption solutions for organizations of all sizes seeking to protect their proprietary information against data breaches. Symantec's endpoint encryption offerings are a component of an integrated and comprehensive encryption platform including full disk encryption, device control, removable storage, email, network, and server solutions. They are available for a wide range of target platforms including Windows, Mac OS X, Linux, UNIX, Windows Mobile, and BlackBerry.
The Gartner Mobile Data Protection Magic Quadrant can be found at: http://www.symantec.com/content/en/us/about/media/industryanalysts/Gartner_MQ_mobiledataprotection_Sept10.pdf.
(1) Gartner, Inc. "Magic Quadrant for Endpoint Data Protection" by John Girard and Eric Ouellet, September 7, 2010
About the Magic Quadrant
The Magic Quadrants are copyrighted 2010 by Gartner, Inc. and are reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Symantec is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world. Our software and services protect against more risks at more points, more completely and efficiently, enabling confidence wherever information is used or stored. More information is available at www.symantec.com.
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FORWARD-LOOKING STATEMENTS: Any forward-looking indication of plans for products is preliminary and all plans are tentative and are subject to ongoing evaluation by Symantec, and may be subject to change, and should not be considered firm commitments by Symantec and should not be relied upon in making purchasing decisions.
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