Summary

Original source:
http://cbs.marketwatch.com/news/story.asp?guid=%7B96ECD034-BBAC-4968-BC78-46D390578365%7D&siteid=google&dist=google

Details

• The agreement extends the pact, originally struck in November 2002, under which Microsoft (MSFT: news, chart, profile) uses software from the Cupertino, Calif., security software provider (SYMC: news, chart, profile) to help combat unwanted junk e-mail messages sent to users of the Internet-based e-mail service.
• Symantec, which makes the popular Norton brand of antivirus and security software, saw its stock climb 26 cents, or over 1 percent, to close at $21.74 following the news.
• Microsoft's shares eased 3 cents to end at $25.20.
• The companies did not disclose financial terms of the agreement.
• The software aims to detect and filter out the unwanted messages before they can be delivered to the individual mailboxes of Hotmail users.
• "Our customers' protection and safety remains a top priority for MSN and we continue to invest in a range of technologies and solutions to help protect them from issues including spam," Kevin Doerr, an executive with Microsoft's Hotmail unit, said.

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