Symantec, Google Spotlight SAAS Security
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 is alive and well.
Oracle CEO Larry Ellison roiled the waves recently when he mocked Web-based computing, but software as a service is doing just fine, as new moves from Google and Symantec testify.
Symantec moved to buy MessageLabs on Oct. 8 for $695 million in the largest security SAAS deal to date, dwarfing Google’s $625 million purchase of Postini in 2007. Google Oct. 8 meanwhile tweaked the pricing model for its Postini-based MessageLabs 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 provisioning, delivering and managing messaging and SAAS security services.
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