Symantec May Acquire Veritas To Create Software Powerhouse

The acquisition would create a software powerhouse, combining Symantec's antivirus and network-security technology with Veritas's storage and systems-management capabilities. Symantec's chief executive, John W. Thompson, a former executive with International Business Machines Corp., h...

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Bibliographic Details
Published inThe Wall Street journal Asia
Main Author Dennis K. Berman and David Bank
Format Newspaper Article
LanguageEnglish
Published Victoria, Hong Kong Dow Jones & Company Inc 15.12.2004
Subjects
Alliances
Software
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Summary:The acquisition would create a software powerhouse, combining Symantec's antivirus and network-security technology with Veritas's storage and systems-management capabilities. Symantec's chief executive, John W. Thompson, a former executive with International Business Machines Corp., has reshaped the company since taking over in 1999. Mr. Thompson focused Symantec, best known for its Norton line of antivirus and personal-computer utility tools, entirely on security, selling unrelated product lines and replacing most of the company's management team.
ISSN:0377-9920