Symantec, Google Spotlight Security For SAAS

Article Views: 50 Article Rating: / 0 Symantec and Google didn't get Oracle CEO Larry Ellison's memo that SAAS and cloud computing are overhyped. Symantec bought security SAAS provider MessageLabs for a bundle while Google simplified pricing for its security SAAS. Web services security for enterprise applications and messaging and collaboration tools are alive and well. Oct. 8 moved to buy MessageLabs for $695 million in the largest security SAAS deal to date, dwarfing Google's $625 million purchase of Postini from 2007. Google Oct. 8 meanwhile tweaked the pricing model for its Postini-based Message Labs SAAS security software and agreed to archive e-mail for up to 10 years. The 451 Group Analyst Paul Roberts said SAAS security was the main thrust of Symantec's bid because MessageLabs has one of the most mature platforms for... [read full story]