Gen Digital Inc. — M&A Activity 2010

Aug 11, 2010

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): August 9, 2010

Symantec Corporation

(Exact name of Registrant as Specified in Charter)

Delaware	000-17781	77-0181864
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

350 Ellis Street, Mountain View, CA	94043
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s Telephone Number, Including Area Code (650) 527-8000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 2.01 Completion of Acquisition or Disposition of Assets

On August 9, 2010, pursuant to an Acquisition Agreement dated as of May 19, 2010 (the “Agreement”) between VeriSign, Inc., a Delaware corporation (“Seller”), and Symantec Corporation, a Delaware corporation (the “Company”), the Company acquired specific assets from Seller and its subsidiaries relating to Seller’s identity and authentication business, including Seller’s majority stake in VeriSign Japan K.K., for a purchase price of approximately $1.28 billion in cash, subject to a post-closing working capital adjustment.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

/s/ Scott C. Taylor
Scott C. Taylor
Executive Vice President, General Counsel and Secretary

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