Sun makes its second push into the storage-management software market by acquiring LSC for US$74 million. Could Veritas' day in the Sun be over?
A senior Veritas Software executive has given strong indication that its products and accompanying brands should remain intact despite an impending change in ownership.
When security giant Symantec bought storage specialist Veritas two years ago, the US$13.5 billion deal was a massive beacon pointing to technological convergence.
Symantec's rivals are attempting to rain on the security firm's parade by predicting problems with the recently announced Veritas merger.
In a long-rumoured move, security software maker Symantec said Thursday that it will buy storage specialist Veritas Software in a deal worth roughly US$13.5 billion.
Veritas Chief Executive Gary Bloom took pains to explain why he believes his company's acquisition by Symantec makes sense.
Veritas Software has announced plans to acquire KVS in a move designed to expand its e-mail storage and archiving offerings.
Making predictions about the storage market isn't difficult. Suggest that capacities will go up and costs will go down and you shouldn't go too far wrong.
Mergers and buyouts are muddying the lines between security and other industries. Will purely security-focused providers be a thing of the past?
Is storage software maker Veritas Software growing too fast for its own good? Is the company going through an identity crisis in the name of diversification?
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