OK. So anti-trust lawyers would have a field day but consider this -- the software giant is on an official spending spree and this is the best time to spread its wings ... to become the Coca-Cola of the IT industry.
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.
A senior Veritas Software executive has given strong indication that its products and accompanying brands should remain intact despite an impending change in ownership.
Symantec's rivals are attempting to rain on the security firm's parade by predicting problems with the recently announced Veritas merger.
Looking for further expansion, Symantec is considering delving into identity management, encryption and a range of managed services, the security giant's chief said on Monday.
OK. So anti-trust lawyers would have a field day but consider this -- the software giant is on an official spending spree and this is the best time to spread its wings ... to become the Coca-Cola of the IT industry.
Mergers and buyouts are muddying the lines between security and other industries. Will purely security-focused providers be a thing of the past?
In the flat enterprise software market, the message is clear: It's time to hunt or be hunted.
Sun's $4.1 billion buyout of StorageTek is a huge bet: It's the last cash deal that size Sun will be able to make.
There's a significant shift in storage fundamentals afoot, and it's not SAN and NAS--metadata promises to turn static, monolithic data repositories into malleable storage clouds.
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