Iron Mountain, the records storage firm, moved to strengthen its information management and archiving solutions by acquiring LiveVault, which addresses the small and mid-sized business market as well as remote offices of large organizations. <P> Already the owner of 14 percent of LiveVault, Iron Mountain said Thursday that it will pay an additional $42 million for the smaller firm, bringing the total cost of the acquisition to $50 million. <P> Noting that it has had a five-year business relationship with LiveVault, Iron Mountain said the latter firm has more than 2,000 corporate customers. <P> Iron Mountain said the deal makes it the largest provider of online backup and recovery services for PCs and servers. Last year, the company acquired Connected Corporation, which enhanced its market position in the distributed data protection segment.
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Symantec's Code Red: The Law Enforcement/Anonymous E-Mail Exchange Law enforcement officials negotiated via e-mail for more than two weeks with an Anonymous group member trying to extort $50,000 from Symantec to keep stolen product code off the Internet. |
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How To Sell IT Security Services To Your Customers Cyberattacks can cost a business thousands, even millions, of dollars, and can deal a death blow to some. Here's how IT solution providers can help guard against malicious attacks. |
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Cybersecurity Experts: What They Know Could Scare You A recent report based on interviews with security experts in government, business and academia finds more than half in agreement that a worldwide arms race is taking place in cyberspace. |
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