Symantec Buys Revivio IP

Symantec (Nasdaq: SYMC) has agreed to acquire the IP and other certain assets of Revivio Inc., a Lexington, Mass.-based provider of continuous data protection solutions. No financial terms were disclosed, although various press reports estimate a $20 million price-tag. Revivio had raised around $52.5 million over three rounds of VC funding, from firms like Charles River Ventures, Flagship Ventures, Bessemer Venture Partners, Globespan Capital Partners, Lighthouse Capital Partners, Eastward Capital and Nomura International. www.symantec.com www.revivio.com