Symantec to Acquire LifeLock for $2.3 Billion to Form World’s Largest Digital Safety Platform for Consumers and Families

MOUNTAIN VIEW, Calif. & TEMPE, Ariz.--(BUSINESS WIRE)--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. The deal, which was approved by the boards of directors of both companies, is expected to close in the first calendar quarter of 2017, subject to customary closing conditions including LifeLock stockholder approval.