Tech Company M&A Transactions
LifeLock Acquisition
On 11/20/2016, LifeLock was acquired by Symantec. Financial terms set the valuation at $2.3 billion.
Transaction Overview
Company Name
Acquired By
Announced On
11/20/2016
Transaction Type
M&A
Amount
$2,300,000,000
M&A Terms
Symantec Corp. (NASDAQ: SYMC) and LifeLock, Inc. (NYSE: LOCK) today announced that they have entered into a definitive agreement for Symantec to acquire LifeLock for $24 per share or $2.3 billion in enterprise value.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
60 E Rio Salado Pkwy 400
Tempe, AZ 85281
USA
Tempe, AZ 85281
USA
Phone
Website
Email Address
Overview
LifeLock was the nation's first ID Theft Prevention Company that maintains active fraud alerts with the three major credit bureaus, as well as ChexSystems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hilary Schneider
Chief Financial Officer
Chris Power
Chief Information Officer
Neil Daswani
Chief Marketing Officer
Ty Shay
VP - General Counsel
Sharon Segev
VP - Human Resources
Michelle Eisenstat
VP - Operations
Dev Patel
Browse more venture capital transactions:
Prev: 11/18/2016: CoverWallet venture capital transaction
Next: 11/21/2016: PrintWithMe venture capital transaction
Share this article
Where The Data Comes From
We report on funding rounds that are announced publicly. All VC database entries reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs