Symantec to Buy Blue Coat for $4.65 Billion

Head of Blue Coat to Become Third New Symantec CEO in Four Years
For its next move since jettisoning storage firm Veritas and becoming a pure-play security vendor, Symantec plans to buy network and cloud security firm Blue Coat from private-equity owners Bain Capital for $4.65 billion, gaining a new CEO in the process.