Symantec Agrees To Acquire Virtualization Streaming Company AppStream

At the Symantec ManageFusion 2008 event in Las Vegas, Symantec announced during the keynote session that they have agreed to acquire AppStream, the streaming company that has been working with Altiris and Symantec for the past two years giving Altiris a boost to their SVS Pro product by leveraging AppStream’s streaming technology.

Symantec executive Ken Berryman, VP of Endpoint Virtualization said in a press conference that “the details of the acquisition are private” and that “there is no current plan to change the AppStream name.”

Srinivasa Venkataraman, CEO of AppStream, mentioned plans to have tighter integration with Symantec Management Workflow, which was released yesterday at the show. When asked about OS streaming to deploy virtual machines, the answer was, “Stay tuned.”