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.
Symantec's chief executive officer said Monday in the US that the company will announce next week the first steps in integration following its mega-merger with storage maker Veritas--including executive appointments.
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 and Veritas have gone to great lengths to allay fears of huge job losses as a result of their merger but unfortunately, there will be casualties.
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.
Analysts outline the signs to watch out for in gauging how well the two companies are integrating following their megamerger.
Symantec's chief executive officer said Monday in the US that the company will announce next week the first steps in integration following its mega-merger with storage maker Veritas--including executive appointments.
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.
Do software customers actually care about the impact of provider's mergers and acquisitions, or are they just too far from the crux of business.
Everyone needs backups, but how do you recover a server quickly? We look at some of the options available for snapshot backup and other disaster recovery techniques.
At RSA Conference 2005 in San Francisco, Symantec CEO John Thompson knocks Microsoft's security efforts and says the upcoming merger with Veritas Software will provide businesses with an optimal product for corporate compliance.
By rewriting much of the code, Symantec made Norton AntiVirus 2007 faster and lighter than its 2006 version, but a few glitches here and there keep us from granting it our Editors' Choice award.
Norton Internet Security 2007 makes significant gains over last year, including cutting-edge rootkit and behavioral monitoring features found nowhere else, but the overall package could be serious overkill for the average desktop owner.
Symantec claims to recover user data in minutes, with Backup Exec System Recovery 7. In our full review, we put this claim to the test.
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