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Symantec Accepts $530M Buyout From Huawei, Firm with Suspected Ties to Chinese Military
Chinese telecommunications firm Huawei, which currently owns 51 percent of a joint venture with Symantec, has agreed to purchase the 49 percent it doesn’t own from the American security company. Symantec said it has reached an agreement to sell its 49 percent stake for $530 million, giving Huawei full ownership of the Hong Kong-based security and [...]