Tuesday, July 5, 2016

Symantec swoops on Blue Coat in $4.65bn deal

Symantec swoops on Blue Coat in $4.65bn deal
Target abandons IPO

13 Jun 2016 at 08:00, Drew Cullen

Blue Coat has scrapped its IPO plans in favour of a $4.65bn takeover by IT security rival Symantec.

Greg Clark, Blue Coat CEO, will take the helm at Symantec, so resolving the question of succession of Mike Brown, who announced his resignation as CEO in April.

On a pro-forma basis, the combined company would have $4.4bn in revenues in FY 2016 and with Blue Coat under its wing, Symantec’s enterprise security business will increase to 62 per cent of group turnover. But $4.65bn is a helluva price to pay.

Symantec is taking on $2.8bn of new debt and using cash on the balance sheet to fund the acquisition. The company aims to pay down a “significant portion of this debt within the next several years” through cash reserves and also through cash generation. It also thinks it can squeeze an additional $150m from Blue Coat in annual cost savings, on top of $400m planned cost cuts, announced in February 2016.

The deal is part-funded by Bain Capital, Blue Coat’s owner, which bought the company for $2.4bn just a year ago. It is buying $750m in unsecured notes in Symantec at a conversion price of $20.41 per share. This is a premium of about 18 per cent on Symantec’s closing price on Friday.

Silver Lake is doubling its investment into Symantec into $1bn, by pumping in another $500m in the form of 2 per cent convertible notes, due in 2021. The private equity firm bought $500m of notes in February 2016, at a conversion price of $21 a share. ®





- wong chee tat :)

System Management Mode (SMM) BIOS Vulnerability

System Management Mode (SMM) BIOS Vulnerability

Lenovo Security Advisory: LEN-8324

Potential Impact: Execution of code in SMM by an attacker with local administrative access

Severity: High

Scope of Impact: Industry-wide

Lenovo’s Product Security Incident Response Team (PSIRT) is fully aware of the uncoordinated disclosure by an independent researcher of a BIOS vulnerability located in the System Management Mode (SMM) code that impacts certain Lenovo PC devices. Shortly after the researcher stated over social media that he would disclose a BIOS-level vulnerability in Lenovo products, Lenovo PSIRT made several unsuccessful attempts to collaborate with the researcher in advance of his publication of this information.

Since that time, Lenovo has actively undertaken its own investigation, which remains ongoing. At this point, Lenovo knows that vulnerable SMM code was provided to Lenovo by at least one of our Independent BIOS Vendors (IBVs). Independent BIOS vendors (IBVs) are software development firms that specialize in developing the customized BIOS firmware that is loaded into the PCs of original equipment manufacturers, including Lenovo. Following industry standard practice, IBVs start with the common code base created by chip vendors, such as Intel or AMD, and add additional layers of code that are specifically designed to work with a particular computer. Lenovo currently works with the industry’s three largest IBVs.

The package of code with the SMM vulnerability was developed on top of a common code base provided to the IBV by Intel. Importantly, because Lenovo did not develop the vulnerable SMM code and is still in the process of determining the identity of the original author, it does not know its originally intended purpose. But, as part of the ongoing investigation, Lenovo is engaging all of its IBVs as well as Intel to identify or rule out any additional instances of the vulnerability's presence in the BIOS provided to Lenovo by other IBVs, as well as the original purpose of the vulnerable code.

Lenovo is committed to the security of its products and is working with its IBVs and Intel to develop a fix that eliminates this vulnerability as rapidly as possible. Additional information regarding the fix will be posted as soon as it is available on the Product Security Advisory web site: https://support.lenovo.com/us/en/product_security/home



- wong chee tat :)









Blog Updates:

Blog Updates:

Minor updates:

- Update labels on some old posts

Will continue to make minor improvements for this blog!

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McAfee DAT version = 8216 (jul 04th 2016)

McAfee DAT version = 8216 (jul 04th 2016)

Link: here ( Select Yes. And it keeps getting updated daily. Region=US)




- wong chee tat :)

六字真言頌 怙主三寶

六字真言頌 怙主三寶

虔心皈依怙主三寶,真心憐憫慈母眾生,嗡瑪尼巴美吽……

佛為導師法為正道,僧為善侶同為救主,嗡瑪尼巴美吽……
登山階梯過河船舟,驅愚慧燈險隘坦途,嗡瑪尼巴美吽……
口誦真言心中祈禱,地獄烈火從此熄滅,嗡瑪尼巴美吽……
唱頌六字胸中發願,冷獄冰雪消融變暖,嗡瑪尼巴美吽……
誦持六字威力無比,十八地獄變成樂土,嗡瑪尼巴美吽……
世間無實因緣難料,生死輪回行善為要,嗡瑪尼巴美吽……
萬物無常善惡交替,向善精進矢志不渝,嗡瑪尼巴美吽……
暇滿人身難得至寶,虛度此生實為可惜,嗡瑪尼巴美吽……
貪心無盡欲望皆空,惡趣業因棄之從善,嗡瑪尼巴美吽……
萬惡煩惱罪孽根源,時刻提防凡夫癡念,嗡瑪尼巴美吽……
強壯身軀入土荒野,驅走死神上師引路,嗡瑪尼巴美吽……
瑪尼頌詞怙主三寶,諾言活佛順口編唱,嗡瑪尼巴美吽……
虔誠頂禮觀音菩薩,消除罪孽速證佛果,嗡瑪尼巴美吽……
如來佛子慈悲引路,眾生往生極樂佛土,嗡瑪尼巴美吽……


六字斷除六道苦難頌


嗡字放光照耀天界,死苦難忍觀音救度,嗡瑪尼巴美吽……
瑪字光照阿修羅界,爭斗死傷觀音救度,嗡瑪尼巴美吽……
尼字放光照亮人間,生老病死觀音救度,嗡瑪尼巴美吽……
巴字放光照亮畜生,蠢啞痛苦觀音救度,嗡瑪尼巴美吽……
美字放光照亮惡鬼,饑餓難熬觀音救度,嗡瑪尼巴美吽……
吽字放光照亮地獄,冷熱煎熬觀音救度,嗡瑪尼巴美吽……


- wong chee tat :)

六字真言頌 怙主三寶

六字真言頌 怙主三寶

虔心皈依怙主三寶,真心憐憫慈母眾生,嗡瑪尼巴美吽……

佛為導師法為正道,僧為善侶同為救主,嗡瑪尼巴美吽……
登山階梯過河船舟,驅愚慧燈險隘坦途,嗡瑪尼巴美吽……
口誦真言心中祈禱,地獄烈火從此熄滅,嗡瑪尼巴美吽……
唱頌六字胸中發願,冷獄冰雪消融變暖,嗡瑪尼巴美吽……
誦持六字威力無比,十八地獄變成樂土,嗡瑪尼巴美吽……
世間無實因緣難料,生死輪回行善為要,嗡瑪尼巴美吽……
萬物無常善惡交替,向善精進矢志不渝,嗡瑪尼巴美吽……
暇滿人身難得至寶,虛度此生實為可惜,嗡瑪尼巴美吽……
貪心無盡欲望皆空,惡趣業因棄之從善,嗡瑪尼巴美吽……
萬惡煩惱罪孽根源,時刻提防凡夫癡念,嗡瑪尼巴美吽……
強壯身軀入土荒野,驅走死神上師引路,嗡瑪尼巴美吽……
瑪尼頌詞怙主三寶,諾言活佛順口編唱,嗡瑪尼巴美吽……
虔誠頂禮觀音菩薩,消除罪孽速證佛果,嗡瑪尼巴美吽……
如來佛子慈悲引路,眾生往生極樂佛土,嗡瑪尼巴美吽……


六字斷除六道苦難頌


嗡字放光照耀天界,死苦難忍觀音救度,嗡瑪尼巴美吽……
瑪字光照阿修羅界,爭斗死傷觀音救度,嗡瑪尼巴美吽……
尼字放光照亮人間,生老病死觀音救度,嗡瑪尼巴美吽……
巴字放光照亮畜生,蠢啞痛苦觀音救度,嗡瑪尼巴美吽……
美字放光照亮惡鬼,饑餓難熬觀音救度,嗡瑪尼巴美吽……
吽字放光照亮地獄,冷熱煎熬觀音救度,嗡瑪尼巴美吽……


- wong chee tat :)

六字真言頌 怙主三寶

六字真言頌 怙主三寶

虔心皈依怙主三寶,真心憐憫慈母眾生,嗡瑪尼巴美吽……

佛為導師法為正道,僧為善侶同為救主,嗡瑪尼巴美吽……
登山階梯過河船舟,驅愚慧燈險隘坦途,嗡瑪尼巴美吽……
口誦真言心中祈禱,地獄烈火從此熄滅,嗡瑪尼巴美吽……
唱頌六字胸中發願,冷獄冰雪消融變暖,嗡瑪尼巴美吽……
誦持六字威力無比,十八地獄變成樂土,嗡瑪尼巴美吽……
世間無實因緣難料,生死輪回行善為要,嗡瑪尼巴美吽……
萬物無常善惡交替,向善精進矢志不渝,嗡瑪尼巴美吽……
暇滿人身難得至寶,虛度此生實為可惜,嗡瑪尼巴美吽……
貪心無盡欲望皆空,惡趣業因棄之從善,嗡瑪尼巴美吽……
萬惡煩惱罪孽根源,時刻提防凡夫癡念,嗡瑪尼巴美吽……
強壯身軀入土荒野,驅走死神上師引路,嗡瑪尼巴美吽……
瑪尼頌詞怙主三寶,諾言活佛順口編唱,嗡瑪尼巴美吽……
虔誠頂禮觀音菩薩,消除罪孽速證佛果,嗡瑪尼巴美吽……
如來佛子慈悲引路,眾生往生極樂佛土,嗡瑪尼巴美吽……


六字斷除六道苦難頌


嗡字放光照耀天界,死苦難忍觀音救度,嗡瑪尼巴美吽……
瑪字光照阿修羅界,爭斗死傷觀音救度,嗡瑪尼巴美吽……
尼字放光照亮人間,生老病死觀音救度,嗡瑪尼巴美吽……
巴字放光照亮畜生,蠢啞痛苦觀音救度,嗡瑪尼巴美吽……
美字放光照亮惡鬼,饑餓難熬觀音救度,嗡瑪尼巴美吽……
吽字放光照亮地獄,冷熱煎熬觀音救度,嗡瑪尼巴美吽……


- wong chee tat :)

Blog Updates:

Blog Updates:

Minor updates:

- Update labels on some old posts

Will continue to make minor improvements for this blog!

- wong chee tat :)

Medicine Master Buddha


- Pic from Internet


- wong chee tat :)