Altiris announced that it will acquire Pedestal Software in a deal valued at $65 million.  Greg Butterfield, president and CEO of Altiris said, "The acquisition of Pedestal Software gives us two important security management capabilities.  First, customers can quickly understand their security posture; and second, it allows customers to easily define a security stance and proactively enforce compliance with system security policies. 

Altiris further said that after the deal closes at the end of March the company will immediately begin integrating Pedestal products into its distribution channels and will continue offering Pedestal's SecurityExpressions and AuditExpress products as standalone solutions.