Symantec Acquires Software Defined Perimeter and Zero Trust Innovator Luminate Security to Extend the Power of Integrated Cyber Defense in the Cloud Generation

Luminate Delivers Private Secure Application Access to All Users,
Regardless of Device, Location or Infrastructure; Significantly Extends
Symantec’s Leadership in Cloud Security Beyond Alternative Approaches

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Symantec Corp. (NASDAQ: SYMC), the world’s leading cyber security
company, today announced the acquisition of Luminate Security, a
privately held company with pioneering Software Defined Perimeter
technology. Luminate’s Secure Access Cloud™ technology further extends
the power of Symantec’s Integrated Cyber Defense Platform to users as
they access workloads and applications regardless of where those
workloads are deployed or what infrastructure they are accessed through.

Today’s sophisticated threats and attacks present unique challenges that
require a new mindset, one that moves past a perimeter-based approach
reliant on architectures that never contemplated cloud. Luminate’s
Secure Access Cloud™ is natively constructed for today’s cloud-oriented,
perimeter-less world. This technology allows enterprises to scale
private, “no DNS” access control, granting user connections only to the
specific applications and resources for which they are authorized.

“Now and in the future, we anticipate more and more corporations will
operate their business on infrastructure that is managed by multiple
third parties such as Azure, AWS and Google. In this rapidly evolving
world, trust in external infrastructure must be carefully considered as
corporations can outsource infrastructure but must also remain
responsible for data and users. Luminate incorporated into Symantec’s
Integrated Cyber Defense puts us at the forefront of security in the
cloud era,” said Greg Clark, president and CEO, Symantec. “Secure and
private access is a cornerstone of cyber defense. We are excited to
partner with the Luminate team and look forward to rapid delivery of
this unique capability to our customers and continuing to provide
quantifiable value to their cloud journey.”

Companies and users want frictionless access to applications, whether
they are in the cloud or on-premises. At the same time, this access must
be protected by best-of-breed security technologies. Stitching security
vendors together to achieve this goal is hard and has created complexity
for enterprises, exposing new security risks. Symantec’s Integrated
Cyber Defense Platform unifies cloud and on-premises security across
endpoints, networks, email and cloud, protecting against even the most
sophisticated threats and reducing cost and complexity.

“As corporate applications continue to move to the cloud, IT
organizations need innovative approaches to address the complexity and
security challenges of providing users anywhere, anytime access,” said
Art Gilliland, EVP and GM Enterprise Products, Symantec. “Luminate
Security’s agentless, cloud-delivered service solves these problems and
adds a powerful Software Defined Perimeter capability to our Integrated
Cyber Defense Platform.”

“As a partner, our integrations with Symantec were successful in
reducing complexity and increasing security for joint customers. With
this next step, we look forward to fully integrating across the entire
portfolio and delivering even more innovation to offer complete security
for the Cloud Generation,” said Ofer Smadari, CEO, Luminate Security.

The acquisition of Luminate continues Symantec’s strategy of acquiring
and building best-of-breed security across its portfolio, with a
particular focus on “born in the cloud, for the cloud” innovations.
Symantec made first-mover acquisitions in CASB
(cloud access security broker) and web
isolation
technologies and has delivered a broad set of cloud
innovations and integrations across its entire portfolio.

The Secure Access Cloud service is available immediately. For more
information click here.

About Symantec

Symantec Corporation (NASDAQ: SYMC), the world’s leading cyber security
company, helps organizations, governments and people secure their most
important data wherever it lives. Organizations across the world look to
Symantec for strategic, integrated solutions to defend against
sophisticated attacks across endpoints, cloud and infrastructure.
Likewise, a global community of more than 50 million people and families
rely on Symantec’s Norton and LifeLock product suites to protect their
digital lives at home and across their devices. Symantec operates one of
the world’s largest civilian cyber intelligence networks, allowing it to
see and protect against the most advanced threats. For additional
information, please visit www.symantec.com or
connect with us on FacebookTwitter,
and LinkedIn.

About Luminate

Luminate enables security and IT teams to create Zero Trust Application
Access architecture without traditional VPN appliances. Its Secure
Access Cloud™ securely connects any user from any device, anywhere in
the world to corporate applications, on-premises and in the cloud, while
all other corporate resources are cloaked without granting access to the
entire network. This prevents any lateral movements to other network
resources while eliminating the risk of network-based attacks. Deployed
in less than five minutes, Luminate’s Secure Access Cloud™ is agentless,
and provides full visibility of users’ actions as they access corporate
resources, as well as real-time governance of these resources. To learn
more, visit http://www.luminate.io.

NOTE TO U.S. EDITORS: If you would like additional information on
Symantec Corporation and its products, please visit the Symantec
Newsroom at http://www.symantec.com/news.
All prices noted are in U.S. dollars and are valid only in the United
States.

Symantec and the Symantec logo are trademarks or registered trademarks
of Symantec Corporation or its affiliates in the U.S. and other
countries. Other names may be trademarks of their respective owners.

FORWARD-LOOKING STATEMENTS: Any forward-looking indication
of plans for products is preliminary and all future release dates are
tentative and are subject to change. Any future release of the product
or planned modifications to product capability, functionality, or
feature are subject to ongoing evaluation by Symantec, and may or may
not be implemented and should not be considered firm commitments by
Symantec and should not be relied upon in making purchasing decisions.

Contacts

MEDIA CONTACT:
Justin Saia
Symantec Corp.
(650) 527-7455
Justinp_Saia@symantec.com

INVESTOR CONTACT:
Cynthia Hiponia
Symantec Corp.
(650)
527-8020
Cynthia_Hiponia@symantec.com