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ST0-130 Symantec Management Platform 7.1(R) Technical Assessment

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ST0-130 exam Dumps Source : Symantec Management Platform 7.1(R) Technical Assessment

Test Code : ST0-130
Test designation : Symantec Management Platform 7.1(R) Technical Assessment
Vendor designation : Symantec
: 160 real Questions

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Symantec Symantec Management Platform 7.1(R)

Symantec Advances integrated Cyber defense Platform | killexams.com real Questions and Pass4sure dumps

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Symantec Leads extraordinary trade Collaboration to constrain Down impregnate and Complexity of Cyber security | killexams.com real Questions and Pass4sure dumps

MOUNTAIN VIEW, Calif.--(enterprise WIRE)--

greater than 120 companions, together with AWS, field, IBM safety, Microsoft, Oracle, ServiceNow and Splunk, settle to Symantec’s integrated Cyber defense Platform

Symantec Corp. (SYMC), the area’s leading cyber security enterprise, these days announced that greater than 120 businesses hold joined forces with Symantec to constrain down the impregnate and complexity of cyber security, while improving response times to give protection to organizations against subtle threats. This comprises considerable gamers fancy AWS, box, IBM safety, Microsoft, Oracle, ServiceNow and Splunk, as well as dozens of different expertise innovators, who are actually building or providing more than 250 products and services that combine with Symantec’s integrated Cyber protection (ICD) Platform.

This unprecedented industry collaboration displays a “platform shift” within the cyber protection business, as new research from industry fashion community (ESG) indicates commercial enterprise consumers requisite to consolidate carriers and adopt more integrated systems backed through an open ecosystem.

integrated protection improves security via increasing the accelerate and effectiveness, while greatly cutting back the materials required. To design that shift even more straightforward, Symantec besides these days introduced captious improvements – including a new commonplace statistics alternate, shared administration capabilities, and upgraded information loss prevention software that advocate customers cease untrusted apps before they compromise confidential records. every are built on Symantec’s ICD Platform, which gives a unified framework for counsel insurance plan, threat coverage, id administration and compliance throughout endpoints, networks, functions, and clouds.

“There’s a seismic shift happening in cyber protection,” referred to knack Gilliland, EVP and GM industry products, Symantec. “The extinct approach of combating cyber-assaults the employ of fragmented tools has become too advanced and costly to manage. built-in platforms are the longer term. We’re disdainful to exist main this platform shift with a transparent vision and successful portfolio – along with a whole bunch of partners and lots of consultants working daily on the entrance lines to protect their purchasers. they are fully satisfied that their greatest defense going forward is an built-in defense.”

New analysis Demonstrates the requisite for integrated structures

ESG recently published new client analysis showcasing how the shortcoming of a cohesive protection technology strategy creates precise issues for organisations, leading customers to are trying to find greater integrated structures and fewer, greater strategic vendors. Key findings in accordance with the analysis consist of:

  • greater than eighty p.c of C-level executives spoke of possibility detection and response effectiveness is impacted via too many impartial point tools1;
  • 53 percent of companies hold a difficult shortage of cyber safety personnel and skills2; and
  • ninety one % of organizations are actively consolidating or due to the fact consolidating the cyber security companies with whom they habits business3.
  • “almost two-thirds of huge organizations surveyed employ at least 25 distinct cyber protection products. For safety operations facilities, managing disparate paraphernalia can besides exist ineffective, expensive, and time consuming, notably in view that the scarcity of cyber protection competencies,” pointed out Jon Oltsik, senior considerable analyst and fellow, ESG. “This explains why CISOs requisite to consolidate and combine their security infrastructure with platforms and open architectures that give advanced developer advocate and carry a companion ecosystem with robust third-celebration integrations.”

    Symantec Integrates items, capabilities and companions

    Symantec started constructing ICD two and a half years ago with its acquisition of Blue Coat methods, which brought most appropriate-of-breed internet and cloud protection technologies to Symantec’s market-leading endpoint, e-mail and statistics loss prevention (DLP) technologies. at the time, Symantec saw and heard that consumers had been spending colossal time and components to integrate point technologies with the objective to derive real cost from their cyber security investments. So, the enterprise invested in a strategy and roadmap to deliver an integrated platform that drastically reduces cost of operations whereas improving the accelerate and accuracy of prevention, detection and response with a purpose to slit back risk.

    on account that then, Symantec has:

  • Invested colossal R&D effort to integrate its products around key consumer ache facets – keeping counsel in SaaS applications; integrating complementary applied sciences fancy cloud entry safety broking service (CASB) and DLP; enhancing endpoint protection with advanced endpoint detection and response (EDR) to protect against centered attacks; and securing infrastructure from endpoint to cloud for “Zero hold faith” security implementations.
  • got innovative safety technologies fancy Fireglass, Skycure, Appthority, Javelin, and Luminate to tackle emerging challenges – and right away integrated them into the Symantec portfolio.
  • Deepened its capabilities portfolio to provide safety leaders with in-depth skills in global threat intelligence, superior chance monitoring, cyber readiness, and incident response.
  • Opened its APIs and launched a know-how Integration confederate program (TIPP) to upshot deeper integration work with key expertise players.
  • ICD Platform Earns wide Ecosystem support

    Symantec now has greater than 120 partners in TIPP, who're building or providing greater than 250 new purposes and functions that integrate with Symantec’s ICD Platform, so industry customers can slit back the can impregnate and complexity of their protection operations. in addition, Symantec is now launching a new “Innovation Playground” software within TIPP to simplify integration with startups. the new software will enable startup teams to leverage Symantec APIs and gain entry to products, engineering supplies, and customer innovation days.

    Story continues

    “so as to reduce safety operations complexity and fight nowadays’s increasingly subtle adversary, corporations want products that work as a platform as a substitute of a military of factor products working in silos,” spoke of Oliver Friedrichs, VP of protection automation and orchestration at Splunk. “Splunk’s profit for the ICD Platform offers their joint valued clientele with consolidated views throughout their security infrastructure, together with incidents flowing from endpoint, net, community and e mail safety options.”

    “At box, protection is a rectify priority and we're dedicated to featuring their customers with effective controls to offer protection to their sensitive content material,” mentioned Niall Wall, senior vice chairman of companions at box. “Symantec is a founding member of the sphere hold faith Ecosystem. we're enthusiastic about Symantec’s integrated Cyber defense and how it will advocate our mutual purchasers in the reduction of risk of records loss, become watchful of superior threats, and seamlessly compile their security capabilities.”

    “security analysts nowadays contend with increasingly advanced threats, fragmented safety equipment, and siloed corporations,” stated loaded Telljohann, director of company evolution at IBM protection. “To combat this we're in view that the cyber security landscape is annoying a shift to built-in systems with a purpose to slit back complexity and price. we now hold constructed an integration the employ of Symantec ICD alternate, so the IBM Resilient Incident Response Platform can deliver sagacious orchestration, automation, and enrichment of incidents prompted via Symantec ICD, permitting analysts to respond intelligently to threats.”

    ICD Platform Drives consumer Adoption and cost

    As evidenced by using Symantec’s fresh quarterly income, further and further customers are relocating past particular person items to adopt the ICD platform and portfolio. as an example:

  • In Europe, a family paraphernalia company signed an eight-determine contend with Symantec, adopting a substantial footprint of the ICD platform;
  • In Asia Pacific, an immense securities and derivatives trading change accelerated past Symantec endpoint security to undertake Symantec’s cloud protection stack; and
  • within the U.S., a global Fortune 500 power enterprise – initially a single product consumer – signed a seven-determine, multi-product, multi-service deal to build an internal security operations center.
  • “The chance panorama every of us countenance is not static and is continuously on the flow, as are their valued clientele and personnel, so strategies to deal with that nature of ambiance are very complex,” referred to Emily Heath, vice president and chief tips safety officer, United airways. “Visibility of your environment and integration of solutions are a key Part of that approach. as an example, if one protection ply catches some thing, it's a qualified deal extra efficient for us if these controls are integrated and can converse seamlessly with each other to aid with precise time detection. additionally, if security providers recall some time to combine throughout the stack so they don’t requisite to, that consequences in an even better result.”

    Symantec Extends ICD Platform with New features & services

    Symantec is introducing three new technology innovations these days that lengthen ICD for shared intelligence and shared management across varied technology accessories, as well as new “danger mindful” records insurance blueprint capabilities:

  • ICD exchange: A well-liked facts trade that shares routine, intelligence and movements across Symantec and third-party methods, improving visibility for protection groups and protection operations centers, a qualified pass to recall faster action and augment automation.
  • ICD supervisor: Shared management capabilities on the pass to provide valued clientele with unified visibility into threats, guidelines and incidents, assisting them to in the reduction of incident response instances from days to minutes.
  • statistics Loss Prevention 15.5: New information loss prevention (DLP) application that integrates with Symantec’s market-leading endpoint insurance policy suite to advocate consumers cease untrusted apps earlier than they compromise exclusive facts. This “possibility mindful” facts insurance policy is one among many breakthroughs made viable due to Symantec’s ICD platform investments.
  • For extra suggestions on ICD, gratify consult with: www.symantec.com/icd.

    For extra particulars about TIPP, gratify search advice from: https://www.symantec.com/technology-companions.

    For extra particulars on how Symantec and partners are main the shift to built-in Cyber defense, gratify visit: https://www.symantec.com/blogs/function-studies/united-we-stand

    For greater particulars on the cyber safety platform shift, gratify debate with: https://www.symantec.com/blogs/function-reports/cyber-protection-platform-shift-greater-relaxed-less-complex

    to peer an in depth mapping of Symantec product and companion integrations, gratify debate with: https://www.symantec.com/integration.

    About Symantec

    Symantec corporation (SYMC), the realm's main cyber safety company, helps companies, governments and individuals at ease their most captious information wherever it lives. agencies across the world seem to Symantec for strategic, integrated options to protect towards sophisticated attacks across endpoints, cloud and infrastructure. Likewise, a worldwide group of greater than 50 million individuals and families rely on Symantec's Norton and LifeLock product suites to give protection to their digital lives at domestic and throughout their devices. Symantec operates some of the world's biggest civilian cyber intelligence networks, enabling it to peer and tender protection to in opposition t the most superior threats. For more information, gratify search advice from www.symantec.com or unite with us on fb, Twitter, and LinkedIn.

    word TO U.S. EDITORS: if you want additional information on Symantec company and its items, gratify consult with the Symantec Newsroom at http://www.symantec.com/information.

    Symantec and the Symantec logo are logos or registered trademarks of Symantec agency or its affiliates in the U.S. and other countries. different names may well exist logos of their respective house owners.

    ahead-looking STATEMENTS: Any ahead-searching indication of plans for items is prefatory and every future liberate dates are tentative and are discipline to change. Any future unlock of the product or planned changes to product ability, performance, or characteristic are discipline to ongoing evaluation by Symantec, and may or may now not exist carried out and will not exist regarded company commitments by Symantec and should no longer exist relied upon in making procuring selections.

    1 supply: ESG research, probability Detection and Response Survey, December 2018.

    2 supply: ESG research report, 2019 expertise Spending Intentions Survey, February 2019.

    3 supply: ESG master Survey consequences, Cybersecurity panorama: The Evolution of enterprise-type companies and structures, October 2018.

    View supply edition on businesswire.com: https://www.businesswire.com/news/home/20190227005565/en/


    Symantec pronounces Updates to Platform, partners with Amazon, box, Splunk & Others | killexams.com real Questions and Pass4sure dumps

    MOUNTAIN VIEW, Calif.--(enterprise WIRE)--Symantec Corp. (NASDAQ: SYMC), the world’s main cyber security enterprise, today introduced that greater than one hundred twenty organizations hold joined forces with Symantec to pressure down the can impregnate and complexity of cyber protection, while improving response times to protect organisations in opposition t sophisticated threats. This contains primary gamers fancy AWS, box, IBM safety, Microsoft, Oracle, ServiceNow and Splunk, in addition to dozens of alternative technology innovators, who at the jiffy are building or supplying greater than 250 items and features that integrate with Symantec’s built-in Cyber protection (ICD) Platform.

    “The risk panorama they every countenance is not static and is perpetually on the circulation, as are their customers and employees, so suggestions to recall keeping of that sort of environment are very complicated”

    Tweet this

    This remarkable industry collaboration displays a “platform shift” within the cyber security business, as new research from enterprise approach group (ESG) suggests industry shoppers are looking to consolidate providers and undertake more integrated systems backed by using an open ecosystem.

    integrated protection improves safety with the aid of expanding the pace and effectiveness, whereas vastly cutting back the resources required. To design that shift even less demanding, Symantec besides nowadays introduced vital improvements – together with a brand new regular records trade, shared administration capabilities, and upgraded facts loss prevention software that assist clients desist untrusted apps before they compromise exclusive facts. every are constructed on Symantec’s ICD Platform, which gives a unified framework for counsel insurance policy, probability protection, identity management and compliance throughout endpoints, networks, purposes, and clouds.

    “There’s a seismic shift occurring in cyber protection,” talked about artwork Gilliland, EVP and GM commercial enterprise items, Symantec. “The historic manner of combating cyber-assaults the employ of fragmented tools has spin into too complicated and expensive to manage. built-in systems are the future. We’re disdainful to exist leading this platform shift with a transparent vision and winning portfolio – together with a whole lot of partners and thousands of specialists working every day on the front traces to give protection to their clients. they are absolutely satisfied that their premier protection going ahead is an integrated protection.”

    New research Demonstrates the requisite for integrated structures

    ESG recently published new client analysis showcasing how the lack of a cohesive security expertise approach creates actual complications for enterprises, leading shoppers to are searching for extra integrated systems and fewer, more strategic companies. Key findings based on the research consist of:

  • more than 80 % of C-degree executives mentioned risk detection and response effectiveness is impacted by too many impartial aspect tools1;
  • 53 percent of corporations hold a complicated shortage of cyber safety cadaver of workers and skills2; and
  • 91 percent of organizations are actively consolidating or when you consider that consolidating the cyber protection providers with whom they conduct business3.
  • “almost two-thirds of massive agencies surveyed employ at the least 25 different cyber security items. For protection operations facilities, managing disparate tools will besides exist ineffective, costly, and time drinking, in particular when you consider that the shortage of cyber safety competencies,” observed Jon Oltsik, senior considerable analyst and fellow, ESG. “This explains why CISOs are looking to consolidate and combine their protection infrastructure with systems and open architectures that deliver superior developer aid and deliver a associate ecosystem with efficacious third-birthday celebration integrations.”

    Symantec Integrates items, features and partners

    Symantec every started building ICD two and a half years ago with its acquisition of Blue Coat programs, which delivered optimal-of-breed net and cloud protection technologies to Symantec’s market-main endpoint, e-mail and statistics loss prevention (DLP) technologies. at the time, Symantec noticed and heard that shoppers were spending massive time and substances to integrate factor applied sciences to exist able to derive real value from their cyber security investments. So, the company invested in a methodology and roadmap to carry an built-in platform that significantly reduces impregnate of operations whereas improving the accelerate and accuracy of prevention, detection and response in order to slit back chance.

    on the grounds that then, Symantec has:

  • Invested gigantic R&D effort to integrate its products round key consumer ache points – preserving suggestions in SaaS functions; integrating complementary applied sciences fancy cloud entry safety broker (CASB) and DLP; enhancing endpoint security with advanced endpoint detection and response (EDR) to give protection to against centered assaults; and securing infrastructure from endpoint to cloud for “Zero trust” safety implementations.
  • got resourceful security applied sciences fancy Fireglass, Skycure, Appthority, Javelin, and Luminate to address rising challenges – and quickly integrated them into the Symantec portfolio.
  • Deepened its services portfolio to deliver security leaders with in-depth competencies in global chance intelligence, superior risk monitoring, cyber readiness, and incident response.
  • Opened its APIs and launched a know-how Integration associate software (TIPP) to upshot deeper integration work with key know-how players.
  • ICD Platform Earns extensive Ecosystem assist

    Symantec now has greater than a hundred and twenty partners in TIPP, who are constructing or offering greater than 250 new applications and functions that integrate with Symantec’s ICD Platform, so enterprise clients can in the reduction of the can impregnate and complexity of their safety operations. additionally, Symantec is now launching a new “Innovation Playground” application within TIPP to simplify integration with startups. the brand new application will permit startup groups to leverage Symantec APIs and profit entry to items, engineering substances, and client innovation days.

    “with a purpose to in the reduction of security operations complexity and battle today’s more and more subtle adversary, organizations want products that work as a platform instead of an army of aspect products working in silos,” pointed out Oliver Friedrichs, VP of safety automation and orchestration at Splunk. “Splunk’s assist for the ICD Platform provides their joint clients with consolidated views throughout their protection infrastructure, including incidents flowing from endpoint, internet, network and email security solutions.”

    “At box, protection is a accurate priority and they are committed to proposing their shoppers with potent controls to give protection to their delicate content material,” referred to Niall Wall, senior vp of companions at field. “Symantec is a founding member of the box hold faith Ecosystem. they are enthusiastic about Symantec’s built-in Cyber defense and the pass it's going to profit our mutual customers reduce possibility of data loss, realize advanced threats, and seamlessly bring together their protection capabilities.”

    “protection analysts nowadays contend with increasingly advanced threats, fragmented safety equipment, and siloed organizations,” talked about prosperous Telljohann, director of company construction at IBM safety. “To combat this they are because the cyber security landscape is disturbing a shift to integrated structures with a purpose to slit back complexity and price. we now hold constructed an integration the usage of Symantec ICD change, so the IBM Resilient Incident Response Platform can provide sagacious orchestration, automation, and enrichment of incidents prompted through Symantec ICD, enabling analysts to reply intelligently to threats.”

    ICD Platform Drives customer Adoption and cost

    As evidenced by means of Symantec’s fresh quarterly salary, more and more purchasers are relocating beyond particular person items to adopt the ICD platform and portfolio. for instance:

  • In Europe, a family unit appliance brand signed an eight-determine contend with Symantec, adopting a considerable footprint of the ICD platform;
  • In Asia Pacific, a huge securities and derivatives buying and selling change extended past Symantec endpoint protection to adopt Symantec’s cloud protection stack; and
  • within the U.S., a world Fortune 500 vigor enterprise – at the genesis a single product client – signed a seven-figure, multi-product, multi-service deal to construct an inner security operations center.
  • “The danger landscape every of us countenance is not static and is perpetually on the circulation, as are their customers and personnel, so suggestions to contend with that contour of atmosphere are very complex,” said Emily Heath, vice chairman and chief counsel safety officer, United airways. “Visibility of your environment and integration of options are a key Part of that method. for example, if one security ply catches anything, it is a qualified deal more efficacious for us if these controls are built-in and might talk seamlessly with each other to aid with actual time detection. moreover, if protection suppliers design an effort to integrate throughout the stack so they don’t should, that consequences in a qualified better outcome.”

    Symantec Extends ICD Platform with New points & services

    Symantec is introducing three new technology innovations nowadays that lengthen ICD for shared intelligence and shared administration throughout dissimilar expertise add-ons, in addition to new “probability mindful” statistics coverage capabilities:

  • ICD alternate: A prevalent statistics alternate that shares movements, intelligence and movements across Symantec and third-birthday party techniques, enhancing visibility for safety groups and safety operations centers, that will recall sooner motion and enhance automation.
  • ICD supervisor: Shared administration capabilities so as to provide customers with unified visibility into threats, guidelines and incidents, helping them to slit back incident response times from days to minutes.
  • facts Loss Prevention 15.5: New information loss prevention (DLP) software that integrates with Symantec’s market-main endpoint insurance blueprint suite to assist shoppers desist untrusted apps before they compromise personal data. This “chance mindful” information coverage is one among many breakthroughs made feasible as a result of Symantec’s ICD platform investments.
  • For greater counsel on ICD, gratify talk over with: www.symantec.com/icd.

    For greater details about TIPP, gratify visit: https://www.symantec.com/technology-partners.

    For greater details on how Symantec and companions are leading the shift to built-in Cyber protection, gratify debate with: https://www.symantec.com/blogs/function-studies/united-we-stand

    For more particulars on the cyber protection platform shift, gratify search advice from: https://www.symantec.com/blogs/feature-studies/cyber-protection-platform-shift-more-comfortable-much less-complicated

    to notice a particular mapping of Symantec product and companion integrations, gratify search advice from: https://www.symantec.com/integration.

    About Symantec

    Symantec corporation (NASDAQ: SYMC), the realm's leading cyber safety enterprise, helps businesses, governments and people cozy their most considerable data anywhere it lives. companies across the world seem to Symantec for strategic, integrated options to shield towards refined assaults across endpoints, cloud and infrastructure. Likewise, a global community of greater than 50 million people and families rely on Symantec's Norton and LifeLock product suites to tender protection to their digital lives at domestic and across their contraptions. Symantec operates one of the crucial world's largest civilian cyber intelligence networks, enabling it to notice and give protection to in opposition t essentially the most superior threats. For more information, gratify talk over with www.symantec.com or unite with us on facebook, Twitter, and LinkedIn.

    be watchful TO U.S. EDITORS: if you would fancy additional info on Symantec service provider and its products, gratify visit the Symantec Newsroom at http://www.symantec.com/information.

    Symantec and the Symantec brand are trademarks or registered trademarks of Symantec service provider or its affiliates within the U.S. and other nations. other names may well exist trademarks of their respective homeowners.

    forward-looking STATEMENTS: Any ahead-searching indication of plans for items is prefatory and every future liberate dates are tentative and are area to alternate. Any future unencumber of the product or deliberate changes to product potential, functionality, or feature are area to ongoing comparison by using Symantec, and may or may additionally not exist applied and may now not exist regarded enterprise commitments via Symantec and will no longer exist relied upon in making paying for decisions.

    1 source: ESG research, chance Detection and Response Survey, December 2018.

    2 source: ESG research report, 2019 know-how Spending Intentions Survey, February 2019.

    three supply: ESG master Survey results, Cybersecurity panorama: The Evolution of enterprise-classification providers and structures, October 2018.


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    CAMBRIDGE, Mass., Jan. 17, 2018 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the world's largest and most trusted cloud delivery platform, announced today that the company was recognized as a 2018 Top 100 Global Technology Leader by Thomson Reuters. The inaugural program identifies the tech industry's most operationally sound and financially successful organizations.

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    "For nearly two decades, Akamai has helped design the Internet fast, trustworthy and secure for their customers and partners," said Dr. Tom Leighton, CEO of Akamai. "We design it easier for organizations to provide the best and most secure digital experiences. They profit them protect online data and transactions, accelerate applications in the cloud, and deliver high-quality media at scale.  Akamai is in qualified company to exist listed by Thomson Reuters among the world's most influential, innovative, and socially- and environmentally-responsible technology leaders."

    "Tech companies operate at warp speed, confronting competitive, regulatory, legal, financial, supply chain and myriad other industry challenges. Oftentimes, their monetary success overshadows operational integrity, making it difficult to identify those organizations with heartfelt fortitude for future success," said Alex Paladino, global managing director of the Thomson Reuters Technology practice Group. "With the Top 100 Global Tech Leaders, we've identified the unique data points that embody technology industry leadership in the 21st century; congratulations to the companies that made the list."

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  • In addition to being recognized as the first, heartfelt valuation of global technology leaders, these organizations outperform the NASDAQ, S&P 500 and MSCI World indices in year-over-year stock expense change by 3.91 percent, 4.04 percent and 7.1 percent respectively.
  • Outperform these indices across other factors including YOY R&D investment, employee percent change and revenue percent change.
  • Visit http://tr.com/top100tech to access the plenary report and view the complete list of 2018 Thomson Reuters Top 100 Global Technology Leaders. unite the discussion on Twitter #TRtech100.

    About Thomson ReutersThomson Reuters is the world's leading source of advice and information for professional markets. Their customers rely on us to deliver the intelligence, technology and expertise they requisite to find trusted answers. The industry has operated in more than 100 countries

    About AkamaiAs the world's largest and most trusted cloud delivery platform, Akamai makes it easier for its customers to provide the best and most secure digital experiences on any device, anytime, anywhere. Akamai's massively distributed platform is unparalleled in scale with over 200,000 servers across 130 countries, giving customers superior performance and threat protection. Akamai's portfolio of web and mobile performance, cloud security, enterprise access, and video delivery solutions are supported by exceptional customer service and 24/7 monitoring. To learn why the top monetary institutions, e-commerce leaders, media & entertainment providers, and government organizations dependence Akamai gratify visit www.akamai.com, blogs.akamai.com, or @Akamai on Twitter.

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    Bernd Montag, CEO of Siemens Healthineers, Michael Sen, Siemens Healthineers Board Member and Manuel Neuer, Germany's goalkeeper pose after the official  partake trading start following an initial public offering (IPO) at the trading floor of Frankfurt’s stock exchange in Frankfurt, Germany, March 16, 2018. REUTERS/Kai PfaffenbachBernd Montag, Michael Sen and Manuel Neuer pose after the official partake trading start following an initial public offering (IPO) at the trading floor of Frankfurt’s stock exchange in Frankfurt Thomson Reuters By Arno Schuetze and Ludwig Burger

    FRANKFURT (Reuters) - Shares in Siemens Healthineers gained as much as 7 percent in the medical paraphernalia maker's stock market debut on Friday, boding well for a string of pending German flotations including asset manager DWS.

    In one of Germany's biggest listing in recent years, parent Siemens raised 4.2 billion euros from selling a 15 percent stake in the world's largest maker of medical imaging equipment.

    Issued at 28 euros apiece, the shares opened at 29.10 euros after a deliberate of more than an hour because of market-wide technical problems at Deutsche Boerse's electronic trading platform. By 1157 GMT the shares were up by 7.1 percent at 29.98 euros, outpacing a 0.3 percent gain for the benchmark DAX <.GDAXI> index.

    Deutsche Boerse said it would recall two to three days to investigate the technical problems but ruled out a hacking attack.

    The tender price, which valued Healthineers' equity at 28 billion euros, was seen by some market participants as a climbdown by Siemens to stoke interest in the issue.

    Healthineers had been touted at between 26 billion euros and 31 billion euros, below initial expectations of up to 40 billion euros.

    Investors hold cited uncertain prospects for Healthineers' flagship Atellica blood and urine diagnostics machines. It is besides seen facing slightly more volatile markets, which hold pulled valuations off record highs.

    Several big German listings are in the pipeline, with Deutsche Bank's asset-management arm DWS due to float next week. Publisher SpringerNature, property company Godewind, home-shopping group HSE24, fashion retailer Takko and online furniture retailer Home24 are every expected to ensue suit.

    EXTERNAL INVESTMENT

    The Healthineers IPO, which investors hold hailed as a pure-play medical technology investment, is among the biggest German listings since the start of the millennium. Deutsche Post and Infineon are top of the pile, both topping 6 billion euros when they listed in 2000, with Innogy's 2016 flotation raising 4.6 billion euros.

    For parent Siemens, Healthineers' market debut marks a key step in the group's drive to attract external investors for businesses outside its core industrial engineering and automation operations.

    It completed a merger of its wind power industry with Gamesa in April final year and agreed to create a joint venture with France's Alstom for its rail operations.

    Siemens wants Healthineers to exist able to raise its own funds for takeovers and investments as well as crystallize its standalone value, removing some of the "conglomerate discount" that some investors suppose weighs on Siemens' valuation.

    Healthineers' management has promised growth from its Atellica platform by catching up quickly with established diagnostics competitors, but Sebastien Buch of fund manager Union Investment -- a top 10 Siemens shareholder, which is buying into the IPO -- voiced some doubts.

    "A discount is warranted as investors are skeptical about how successful the rollout will be," Buch told Reuters this week. "The preceding five Siemens diagnostics platforms continually lost market partake over the final brace of years."

    Healthineers is on track to unite Germany's mid-cap index <.MDAXI> in June via a fast-track entry mechanism ahead of the timehonored assessment date.

    "With its expected free float market cap of about 4.2 billion euros, Healthineers currently ranks 18th and clearly exceeds the 1.9 billion needed for fast-entry inclusion," said Silke Schluensen, index specialist at brokerage Oddo Seydler.

    ($1 = 0.8116 euros)

    (Additional reporting by Hakan Ersen; Editing by Jason Neely and David Goodman)



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