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Symantec Completes Acquisition of Veritas

Écrit par

Jul 11, 2005

1 minute read

eWeek Le contenu et les recommandations de produits sont indépendants de la rédaction. Nous pouvons gagner de l'argent lorsque vous cliquez sur des liens vers nos partenaires. En savoir plus

The merger of security software leader Symantec and Veritas, a force in the storage and backup sector, became official last week after months of planning.

The companies announced the planned merger in December and have spent the intervening months working through the myriad details involved in combining two complex organizations.

Gary Bloom, the former CEO of Veritas, is now the vice chairman and president of the combined company, and John W. Thompson will continue as the CEO of Symantec.

The $13.5 billion merger is one of the larger transactions in recent years in the security industry and gives Symantec a much broader range of products, as well as streamlined access to Veritas list of Fortune 500 customers.

Check out eWEEK.coms for the latest security news, reviews and analysis. And for insights on security coverage around the Web, take a look at eWEEK.com Security Center Editor Larry Seltzers Weblog.

Dennis Fisher

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