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Blue Coat to sell itself to Symantec, abandoning IPO plans

As part of the US$4.65b deal, Blue Coat's CEO will take over as CEO of the combined security software maker

Published Mon, Jun 13, 2016 · 09:50 PM

    San Francisco

    BLUE Coat Systems seemed poised to begin life as a public company, after selling itself to a private equity firm last year.

    Now, the cyber security software company plans to sell itself to Symantec instead.

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