Symantec's CEO claims the company stopped being an anti-virus firm six years ago and explains why Microsoft does not cost him any sleep.
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.
Symantec is intent on making more strategic acquisitions this year and will follow its Veritas Software buy with a large deal approximately every 18 months, a top company executive said.
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.
Veritas Chief Executive Gary Bloom took pains to explain why he believes his company's acquisition by Symantec makes sense.
Without diversity in security software for Windows, computers running the Microsoft operating system will be sitting ducks, Symantec CEO John Thompson warns.
Mergers and buyouts are muddying the lines between security and other industries. Will purely security-focused providers be a thing of the past?
Security vendor Symantec has restructured its local management as part of the now-complete acquisition of storage supplier Veritas Software.
In the flat enterprise software market, the message is clear: It's time to hunt or be hunted.
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