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Boeing guts Narus and sells its employees to Symantec

Narus, a big data analytics firm that focuses primarily on cybersecurity, has been gutted by its parent company, Boeing, which acquired it back in 2010. While Boeing will retain control of the company’s intellectual property and licensing, 65 of its engineers and technical staff are being given over to Symantec.

Symantec announced today that it will be hiring 65 engineers and technical staff from Narus, a cybersecurity company and Boeing subsidiary, as a part of a partnership between the two companies. Narus, which was acquired in 2010, is a cybersecurity-focused big data analytics firm. Symantec wanted the employees that it’s bringing on board for their “hard-to-find” expertise in machine learning, security, big data analytics and networking, and will be putting them to work on the company’s Unified Security platform. Boeing will retain control of Narus’s intellectual property and licensing, even as the company’s employees move over to Symantec. The financial terms of the deal were not disclosed.

 

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Written by Brian Molidor

Brian Molidor is Editor at Social News Watch. Find him on Twitter, Facebook, and Pinterest.

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