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?
Security vendor Symantec has restructured its local management as part of the now-complete acquisition of storage supplier Veritas Software.
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.
Faced with muted enthusiasm from investors, Symantec and Veritas outlined their case to shareholders on Wednesday over the benefits of their pending US$13.5 billion merger that will marry the security giant and a leading storage company.
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.
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.
Oracle has offered to purchase rival BEA Systems for US$17 per share, a total of about US$6.66 billion in cash -- but BEA rejected the offer as too low.
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.
Storage and security vendors used to come from different worlds -- but in the space of 18 months, Symantec merged with Veritas and EMC acquired RSA Security. So how do you feel about trusting the same vendor to store and secure your corporate data?
Following its recent acquisition of RSA, EMC's VP of information security explains how the company has avoided the innovate, acquire, and integrate "death spiral", into which he claims rival Symantec has fallen.
Secure Computing has announced plans to acquire competitor CyberGuard in a deal valued at US$295 million.
Symantec's announcement that it will acquire data loss prevention (DLP) vendor Vontu for US$350 million signals an information-centric future for security -- but analysts warn not to deploy DLP technology yet.
EMC announced Monday that it has acquired IT security company Network Intelligence, in a deal valued at about US$175 million.
The company is making research a higher priority -- investing more resources in the group and aggressively developing technology in-house.
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