Symantec buys ON Technology, strengthens secruity apps.

FRAMINGHAM (10/30/2003) - Symantec Corp. last week continued to strengthen its family of security software by buying ON Technology Corp., a maker of remote PC management technology, for US$100 million. ON is a publicly traded company that makes products designed to help network administrators inventory and manage desktop computers, servers and mobile devices on LANs and wide area networks. Symantec will use ON's technology to enhance its enterprise security administration product line, with the goal of giving Symantec customers the ability to spot and patch security holes in their computer network, Symantec says. The purchase will help the company compete against Microsoft and other large companies that have an interest in network device management.

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