Spotlight: Symantec Signs 3-Year Norton Deal With IBM

Symantec Corp. signed a three-year agreement with IBM Corp. to sell its Norton line of anti-virus software, a deal it said will boost its earnings. The software will be the preferred product IBM recommends to customers of all types of computers and services. The news sent Cupertino-based Symantec’s shares up $3 to close at $32.13 on Nasdaq. Separately, Santa Clara-based Intel Corp. said it will incorporate some IBM and Symantec anti-virus technology into its LanDesk products.