Symantec Acquires Blue Coat
Davis Polk is advising JP Morgan as lead financial adviser to Symantec Corporation in connection with its $4.65 billion acquisition of Blue Coat, Inc. The closing of the transaction, which is expected to occur in the third calendar quarter of 2016, is subject to regulatory approvals and other customary closing conditions.
Symantec Corporation is the global leader in cybersecurity that helps companies, governments and individuals secure their most important data wherever it lives. Blue Coat, Inc. is a leading provider of advanced web security solutions for global enterprises and governments, protecting 15,000 organizations including over 70% of the Fortune Global 500.
The Davis Polk corporate team includes partner Alan F. Denenberg and associate Max Brunner. All members of the Davis Polk team are based in the Northern California office.