Altiris Acquires Pedestal Software for $65M

Symantec Corporation Acquires Altiris Inc. for $830M

January 29, 2017

Software

Symantec Corporation agreed to acquire Altiris Inc. for approximately $830 million in cash ($33 per share) to expand its presence in the corporate software market. The deal, announced by Symantec, is expected to close in the second quarter pending regulatory and shareholder approvals and is intended to strengthen Symantec's enterprise management and IT asset-management capabilities.

ASSA ABLOY Acquires Pedestal PRO

April 17, 2025

Building Products

ASSA ABLOY has acquired Pedestal PRO, a U.S. manufacturer of access control pedestals, bollards, and mounting solutions based in Lindon, Utah. Pedestal PRO, founded in 2002 with about 50 employees and roughly $11M in 2024 sales, will expand ASSA ABLOY's electromechanical and access-control product offering and is expected to be accretive to earnings from the start.

Microsoft Acquires Israeli Cybersecurity Start-up Pelican Security

March 4, 2003

Cybersecurity

Microsoft has acquired Israeli start-up Pelican Security for $1 million in cash. Pelican's remaining seven employees (including CEO Gilad Golan) moved to Redmond, and Microsoft plans to integrate Pelican's web-protection software into its next-generation operating systems.

Palo Alto Networks Acquires CyberArk

February 19, 2026

Cybersecurity

Palo Alto Networks entered into a definitive cash-and-stock agreement to acquire CyberArk for approximately $25 billion in equity value. The deal was structured so that CyberArk shareholders would receive $45.00 in cash and 2.2005 shares of Palo Alto Networks stock for each CyberArk share. Palo Alto Networks later completed the acquisition on February 11, 2026.

Superpedestrian Acquires Navmatic

June 1, 2021

Transportation

Superpedestrian has acquired Navmatic to integrate the startup's high-accuracy positioning and sensor-fusion technology into its Vehicle Intelligence platform. The acquisition enables a new Pedestrian Defense system that detects and corrects unsafe e-scooter rider behaviors in real time, enhancing fleet safety and providing data-driven insights for cities.

Absolute Software Acquires Data Security and DLP Assets from Palisade Systems

July 10, 2013

Cybersecurity

Absolute Software Corporation acquired data security and data loss prevention assets from Palisade Systems Inc.; terms were not disclosed. Bridgepoint Investment Banking served as sell-side advisor to Des Moines–based Palisade, which provides DLP and endpoint data protection solutions for healthcare, government, education and corporate customers.