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?
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.
Veritas Software stepped further into the emerging market for utility computing applications on Tuesday, releasing several products designed to help businesses keep better track of IT resources.
Sun Microsystems is considering striking up partnerships with mainstream Linux sellers such as Red Hat and SuSE--a move that would turn the tech giant into an ally, rather than a rival, of those companies.
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.
In the flat enterprise software market, the message is clear: It's time to hunt or be hunted.
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?
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.
EMC's planned acquisition of Documentum represents an infrastructure-level strategy that could be the beginning of a much larger trend, with potential impact on how enterprises seek to address content, archiving, and storage as a completely synergistic, single-vendor solution.
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