While not related directly to IPS it is still news worthy. Symantec announce today they are buying PGP and GuardianEdge for $370 million dollars! Symantec has somewhat languished over the last few years without alot of truly innovative security products. This now places Symantec as a major player in the encryption space. They can now compete with other companies such as Mcaffe, Sophos and Checkpoint in the encryption space.
Interesting note: Mcafee previously owned PGP and sold it. They then later purchased Safeboot and now Symantec owns PGP. I guess Mcafee should have just kept PGP. 
http://www.theregister.co.uk/2010/04/29/symantec_buys_pgp/
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