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.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />