Bindview specialises in agentless compliance systems and the deal follows on from Symantec's recent acquisition of Sygate, which produces agent-based compliance software.
"Many customers want an agent on their critical servers, but more companies also need policy compliance on endpoint devices," Symantec chief executive John Thompson told vnunet.com.
"An agent on tens of thousands of desktops is not the right answer. Bringing the best of agentless and agent-based technologies brings the best result."
Thompson added that the acquisition could be completed quickly, and that the Bindview team could be integrated into Symantec with relative ease.
The purchase is part of a wider strategy to make Symantec the largest company in the security field. Already the fourth largest software house in the world Thompson outlined plans to make it even larger.
"The fastest route to market with new technology in a formed market is always going to be through mergers and acquisitions," he said.
"We will be working for years to make Veritas and Symantec become one. On the other hand a small company can be snapped in as a chicken jumps on a June bug."
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