Huawei to Pay $530 Million for Symantec’s Stake in Venture

Huawei to Pay $530 Million for Symantec’s Stake in Venture

Tony Avelar/Bloomberg

Symantec, the largest maker of computer-security software, had an agreement with Huawei stipulating that one of the companies eventually take control of the three-year-old venture, said Walter Pritchard, an analyst at Citigroup Inc.