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Symantec to Buy Veritas

CmdrTaco posted more than 9 years ago | from the consolidation-is-fun dept.

Security 258

jortega writes "Symantec is looking into buying Veritas for $13bn." The linked article is mostly about biz stuff. Seems like a kind of strange deal to me.

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Huh? (0)

xZAQx (472674) | more than 9 years ago | (#11107018)

What's a antivirus company want with a backup company?

Is anyone sick of all the buyouts/mergers recently? AT&T/Cingular, Sprint/Verizon?

What's next, IBM/Microsoft?

Re:Huh? (0)

Anonymous Coward | more than 9 years ago | (#11107054)

i think you mean sprint/nextel

Re:Huh? (0)

Anonymous Coward | more than 9 years ago | (#11107055)

That is a pretty stupid comment. In most places, infosec and BCP/DR responsibilities are combined in the same org. From a vendor point of view, Why not take advantage of that?

Re:Huh? (1)

spazoidspam (708589) | more than 9 years ago | (#11107070)

Have you heard of Norton Ghost, software that creates a backup image of your hard drive? Symantec has been in the backup industry for quite some time.

Re:Huh? (1)

nolife (233813) | more than 9 years ago | (#11107194)

Ghost is not quite the same as backing up data. There was two people in the drive imaging game, until Symantec bought PowerQuest last year. They basicilly bought it and did absolutely nothing with it other then modify [powerquest.com] some web pages to point to a Symantec website. Click on the Drive Image 7 link and see.

What's Next... (1)

Uptown Joe (819388) | more than 9 years ago | (#11107085)

Nextel and Sprint. http://www.msnbc.msn.com/id/6687709/ http://www.cbsnews.com/stories/2004/12/11/tech/mai n660486.shtml http://www.theinquirer.net/?article=20181 http://www.internetnews.com/wireless/article.php/3 446571

Re:Huh? (5, Insightful)

stupidfoo (836212) | more than 9 years ago | (#11107099)

Is anyone sick of all the buyouts/mergers recently? AT&T/Cingular, Sprint/Verizon?

AT&T/Cingular made sense. Their networks are very similar.

Sprint is merging with Nextel, not Verizon. This makes less sense and they are looking to essentialy keep two seperate networks running.

what's a antivirus company want with a backup company?

What's the first thing you wonder when your network gets infected? When was the last time I backed up my data?

It's a perfect fit.

Re:Huh? (1)

Wordsmith (183749) | more than 9 years ago | (#11107180)

"Sprint is merging with Nextel, not Verizon. This makes less sense and they are looking to essentialy keep two seperate networks running."

I don't know the details of the deal, but it still seems to make sense to me. Each company gets all of the other's existing, contracted customers, kills off one competitor, and gains a whole lot of infrastructure. Eventually they'll either shift to one network, or find a way to make having two useful.

Re:Huh? (2, Funny)

donutz (195717) | more than 9 years ago | (#11107196)

"what's a antivirus company want with a backup company?"

What's the first thing you wonder when your network gets infected? When was the last time I backed up my data?


Or, "Why the %#!?& are we paying so much for anti-virus software that doesn't stop my network from getting infected!?!"

Re:Huh? (1)

gcaseye6677 (694805) | more than 9 years ago | (#11107576)

Then you switch to Trend Micro, which is what my company did when their network got taken down by a virus even with Norton "protection" running. Symantec has done nothing to Norton products other than run them into the ground. How much longer will this company be able to keep running on fumes? In this case, the fumes are the reputation of the once-great Norton product line. These tools (Internet Seecurity and Anti-Virus) are perfect examples of what happens when technical design decisions are made by MBA and PHB types.

Re:Huh? (4, Insightful)

Telastyn (206146) | more than 9 years ago | (#11107320)

Or perhaps more accurately, Symantec is hedging their bets. With Microsoft likely to bundle anti-virus with their OS, it's wise to have something else to lean on should their bread and butter suddenly get a big bite taken out of it.

Re:Huh? (1)

keithosu (223527) | more than 9 years ago | (#11107115)

It does make a little sense. They are both serving to protect your data.

Should we now see more data failures since Symantec is doing backups. ;-)

We saw more viruses when they made virus software. Hmm... they do come out with that detection quite quickly.

Re:Huh?--grow up (0)

Anonymous Coward | more than 9 years ago | (#11107119)

Sorry, but M&A activity is not for your amusement or enlightenment. No one should care one bit whether you're "sick" about it.

Make a case that it's a bad merger because it doesn't serve customers or shareholders, and you've got a good argument (and personally, I don't have a strong opinion either way on those points). But you're "sick" of them? Geez...

Re:Huh? (2, Interesting)

swordboy (472941) | more than 9 years ago | (#11107128)

What's a antivirus company want with a backup company?

Microsoft is finally integrating antivirus into Windows. This leaves Symantec without a bunch of their revenue. They need to branch out.

Re:Huh? (5, Insightful)

sbowles (602816) | more than 9 years ago | (#11107164)

Symantec now sees itself as a Security company offering:

  • AntiVirus
  • Personal Firewalls
  • AntiSpam
  • SystemWorks
  • LiveState Recovery, etc.
Buying Veritas gives them an improved Backup and Recovery offering than what they currently have.

Symantec does more than anti-virus... (1)

sczimme (603413) | more than 9 years ago | (#11107176)


Have a look at their enterprise product listing [symantec.com] to see what else is available.

/not a Symantec employee, etc.

Re:Symantec does more than anti-virus... (0)

Anonymous Coward | more than 9 years ago | (#11107296)

Veritas does more than backup [veritas.com] as well.

Re:Huh? (2, Informative)

CarnivoreMan (827905) | more than 9 years ago | (#11107271)

I regularly used Symantec Ghost at work which is indeed backup software. Its not a new area for Symantec . Ghost is already awsome, and widely used in the industry. Hopefully this will bring in some new technologies to make it better yet. =) Note: Norton Ghost is the home version.

Re:Huh? (1)

evanfrey (838952) | more than 9 years ago | (#11107400)

ghost was never intended to be backup software. its primary intent is to be cloning software. the fact that you can take a clone and store it doesnt make it backup software. shit was never intended to be eaten. its primary intent is to remove waste. the fact that you can eat it doesnt make it food.(except at some fetish clubs in manhattan)

Re:Huh? (0)

Anonymous Coward | more than 9 years ago | (#11107566)

Well, don't hold your breath for any new Ghost goodness. Rumors abound that the PowerQuest folks are trying to muscle in with their (inferior) technology.

Both are in the biz of protecting data (1)

winkydink (650484) | more than 9 years ago | (#11107461)

albeit differently. Good synergy here and probably more market consolidation in this space to follow

Re:Both are in the biz of protecting data (0)

Anonymous Coward | more than 9 years ago | (#11107523)

shudder, you used the word *synergy*

i thought that died with esocks and the rest of the .commers

I think we now know who's behind (0)

Anonymous Coward | more than 9 years ago | (#11107029)

a some of the virus problems. Clearly someone is making a lot of money from them!

Re:I think we now know who's behind (1)

spac3manspiff (839454) | more than 9 years ago | (#11107532)

who do you think makes the viruses?
of course Mcafee makes all of them secretly!

omg veritas first p0$t (-1, Offtopic)

Anonymous Coward | more than 9 years ago | (#11107030)

ct

A done deal (3, Informative)

Albanach (527650) | more than 9 years ago | (#11107036)

The BBC and others are reporting [bbc.co.uk] that it's a done deal. In a merger deal valued at $13.5bn (£7bn) the all-share deal will see Symantec swap 1.1242 shares of common stock for each Veritas share.

Re:A done deal (0, Troll)

FrankHaynes (467244) | more than 9 years ago | (#11107117)

Yeah. And slashdot calls this stuff "news", the root word of which is "new". Nothing new about rumors when every reputable news outfit has already reported the agreement of this deal.

Note the link to the story in the header includes the date, which was two days ago.

Symantec (-1, Troll)

Anonymous Coward | more than 9 years ago | (#11107143)

Let's hope that Symantec is not like a Chinese company [phrusa.org] , which abuses its workers and trashes the environment.

Does anyone have answers to the following key questions?

1. What percentage of Symantec's workforce is former/current H-1Bs?

2. To what extent does Symantec support charitable organizations like the Breast Cancer Foundation?

3. How does Symantec evaluate its workforce? Does the company use a bellcurve grading system?

"Seems strange", taco? (-1, Flamebait)

Anonymous Coward | more than 9 years ago | (#11107039)

Did you come to that conclusion on your own, or are just reguritating exactly what it says in the article?

I guess.. (1)

lrwx (800141) | more than 9 years ago | (#11107045)

This will make Symantec one of the largest software makers out there. As if they were not big enough in the first place. Personaly though on my WinXP partition I use F-Prot for virus scanning.

Re:I guess.. (1)

Dogers (446369) | more than 9 years ago | (#11107174)

With good reason - Norton AV is crap :/

I really hope they dont put their "magic" into backupexec..

Re:I guess.. (1)

networkBoy (774728) | more than 9 years ago | (#11107386)

Why not. I don't think they can make it worse.

I mean you need a friggen PHD to run that software. Only one person in our NOC can really (I mean really) make it sing. A few others can muddle by with it. I think that it is overly complicated *I am not the backup guy*, as are pretty much all backup solutions.
-nB

Re:I guess.. (3, Informative)

fimbulvetr (598306) | more than 9 years ago | (#11107611)

*I am not the backup guy*
Oh, phrases, how I love thee.

One time, when I was the backup guy and I wasn't afraid to disclose my knowledge of backupexec, I became the *backup guy*. This damned me into restoring peoples resumes and digital pictures for the rest of my employment.

When he learns his lesson, he'll again become ignorant. For now, he probably just does it because it's an IT job and the pay is OK.

The Market (2, Funny)

Prince Vegeta SSJ4 (718736) | more than 9 years ago | (#11107051)

doesn't like this much, Symantec is down 8% and Veritas is down slightly as well, and so far has failed to approach the takeover price of around $30 bucks a share. Probably due to increased competition in the secuiruty market.

Re:The Market (1)

four2five (645777) | more than 9 years ago | (#11107293)

Look at Vertas's stock over the last five days [yahoo.com] . It jumped roughly 10% when speculation of this deal was announced on Tuesday. Veritas was trading around $40 this summer when some blunders by the CEO in a earnings call scared analysts and it dropped to $17 in August. That made it a good takeover target as it was undervalued. I'd say that market thinks this is at least a good thing for Veritas if not Symantec also. I can see why there stocks when down, they just decided to lay out a bunch of capital, in the form of stocks.

Re:The Market (0)

Anonymous Coward | more than 9 years ago | (#11107297)

Just an FYI to people who don't know anything (and this comment's parent has made it abundantly apparent he has his head completely up his ass), in ALL aquisitions, the aquiring company's stock ALWAYS goes down...

DUH! Anyone know works in the real world knows that....

what if the buyer pays in cash? (1)

BlackTriangle (581416) | more than 9 years ago | (#11107626)

are their stock guaranteed to go down in that situation? Do you even understand why I'm asking the question?

Re:The Market (1)

Herbmaster (1486) | more than 9 years ago | (#11107317)

doesn't like this much, Symantec is down 8% and Veritas is down slightly as well, and so far has failed to approach the takeover price of around $30 bucks a share. Probably due to increased competition in the secuiruty market.

Symantec doesn't have $30/share for Veritas. It's actually a stock for stock trade, with 1 share of Veritas getting 1.1242 shares of Symantec. At $25.15 for Symantec, that only makes Veritas worth $28.27/share.

Re:The Market (1)

Stripe7 (571267) | more than 9 years ago | (#11107635)

Prior to the annoucement Veritas was trading slightly below $25.

How is it strange? (3, Interesting)

downer (22342) | more than 9 years ago | (#11107056)

This makes Symantec a one-stop shop for all things IT enterprise/security related: anti-virus, anti-spam, data recovery, network security, etc.

Re:How is it strange? (2, Insightful)

gclef (96311) | more than 9 years ago | (#11107161)

Because everything *except* the data backup are traditional "security" roles. Backup is needed, and recognized by security folks as good, but backup isn't traditionally considered a "security" product. So, to the market (and to many outsiders), this looks like Symantec trying to buy their way into a market they have no expertise in.

Given my experience with Symantec's other areas that they bought their way into (firewalls, for example), I think this means it's time to stop considering Veritas...if it's any good now, it'll completely suck in 2 years.

Re:How is it strange? (0)

Anonymous Coward | more than 9 years ago | (#11107355)

This makes Symantec a one-stop shop for all things IT enterprise/security related: anti-virus, anti-spam, data recovery, network security, etc.

Except speed, of cource.
</cynicism>

Very strange (1, Insightful)

Anonymous Coward | more than 9 years ago | (#11107063)

A successful utility vendor buying a sucessful utility vendor. What were they thinking?

Fusk some bad Girls (-1, Offtopic)

Anonymous Coward | more than 9 years ago | (#11107065)

Fusked Girl courtesy of Toteme [badgirlsblog.com]

Yes, the above link is really free porn.

Mod me offtopic fag (-1, Flamebait)

Anonymous Coward | more than 9 years ago | (#11107152)

Just trying to help some people get their jerk off.

Money (1)

DrunkenFetus (840943) | more than 9 years ago | (#11107077)

Its only to make more $$$$ and get rid of the competition.

Re:Money (1)

TwistedGreen (80055) | more than 9 years ago | (#11107178)

Well yeah.

OMG (4, Funny)

FreeLinux (555387) | more than 9 years ago | (#11107089)

Who does Symantec think they are? Computer Associates?

Re:OMG (1)

ChristianCynic (840939) | more than 9 years ago | (#11107279)

Who does Symantec think they are? Computer Associates?

Is Symantec doing a COBOL compiler now?

Re:OMG (0)

Anonymous Coward | more than 9 years ago | (#11107444)

No their sofware is not yet bloated enough to be CA.
And they need to learn how to milk their customers, by making software that requires extensive use of consultants.

Forward Thinking (5, Funny)

dbfruth (707400) | more than 9 years ago | (#11107090)

This is probably a good thing. I sure as hell wouldn't install anything from Symantic without doing a backup first.

Re:Forward Thinking (0)

Anonymous Coward | more than 9 years ago | (#11107147)

Oh, this was the conspiracy behind the selloff
Huh!!

Re:Forward Thinking (3, Insightful)

dbfruth (707400) | more than 9 years ago | (#11107163)

The new company slogan will be - "Now you can back it up before we fuck it up"

Great. (1)

inkpassion (727481) | more than 9 years ago | (#11107101)

I wonder how bad they will screw this company up.

Re:Great. (0, Flamebait)

MightyMartian (840721) | more than 9 years ago | (#11107120)

Veritas's backup software is the absolute craps. Symantec deserves that piece of rubbish.

Re:Great. (0)

Anonymous Coward | more than 9 years ago | (#11107246)

Veritas isn't just a backup company. They also do filesystem, volume management, and clustering software for Unix systems and some Windows. I just hope the resulting company doesn't forget how to do these things well.

I heard (2, Funny)

mabu (178417) | more than 9 years ago | (#11107139)

Symantec isn't actually buying the company, they're giving them a bunch of copies of Norton Antivirus and will slowly drive them into bankruptcy via the subscription fees. At which point they'll take over the company based on the money owed.

Re:I heard (0)

Anonymous Coward | more than 9 years ago | (#11107572)

And the fact that NAV happily allows spyware to be installed should help increase their support costs!

Norton (1)

anandpur (303114) | more than 9 years ago | (#11107140)

I still use Norton Utilities http://www.norton.com/ [norton.com]

Re:Norton (0)

Anonymous Coward | more than 9 years ago | (#11107558)

You did not make FP, sorry.

AC's stock tip (0)

Anonymous Coward | more than 9 years ago | (#11107166)

SYMC has recently dipped down so this might be a good buy opportunity, markets usually like hearing about acquisitions.

Re:AC's stock tip (1)

banausikos (819685) | more than 9 years ago | (#11107370)

I think usually the acquirer goes down and the target goes up on the announcement.

Just fabulous (1)

Bill_Royle (639563) | more than 9 years ago | (#11107181)

Another company they can screw up. Wasn't screwing *their* employees enough for them? That's right - this company is flush with so much cash, but they have no problem getting rid of their permanent employees, then rehiring them as contractors.

The only thing I want to know is whether Symantec execs will remove their dicks from the asses of their employees now, and will transfer that love to Veritas employees.

Re:Just fabulous (1)

FooGoo (98336) | more than 9 years ago | (#11107496)

I doubt it. They'll bring in contractor dicks to pick up the slack.

Re:Just fabulous (3, Funny)

Bill_Royle (639563) | more than 9 years ago | (#11107605)

I remember the good old days of "Tristep" - their old contract-to-hire company... When I asked what it stood for, I was told:

1 foot in the door
1 foot out the door
1 foot in your ass

Not sure who they're using now, but employees I've kept in touch with indicate that it's gotten more efficient: they wear cleats now.

Makes Sense (1, Interesting)

Anonymous Coward | more than 9 years ago | (#11107183)

Didn't Microsoft buy an AV company about a year ago? I look for MS to include their own AV software built into Windows. That makes Symantec and others MS competitors and MS will crush them. Smart move by Symantec.

I think that last sentence was meant to read... (0)

Anonymous Coward | more than 9 years ago | (#11107209)

I think that last sentence was meant to read: "Seems like a kind of strange smell from me." Apparently this continues the new editorial trend of appending random blog entries to the end of front-page write-ups.

Office Reaction (4, Interesting)

dJCL (183345) | more than 9 years ago | (#11107258)

We resell Veritas on every major server we build, and when I mentioned the aquisition this morning the comment from everyone was effectivly "I guess we will need to find new backup software to sell with our servers." It wasn't even a thought, we just don't want to deal with symantec.

I agree...

Re:Office Reaction (1)

Monkelectric (546685) | more than 9 years ago | (#11107494)

Why? Seriously, if you've got stories, tell them.

Re:Office Reaction (3, Interesting)

Ubergrendle (531719) | more than 9 years ago | (#11107502)

My corporation just spent 2 years divesting itself from all Symantec products. We literally finished this last quarter; we've actually removed Symanetc from all of our acquisition systems and our software vendors know to remove it from their customised catalogues.

With the announcement of this deal, the show of hands was unanimous for 'people not returning after christmas' who work on the Veritas account. ;)

In related news (3, Informative)

bigberk (547360) | more than 9 years ago | (#11107273)

Microsoft has purchased an anti-spyware company [thestreet.com] , so in fact Microsoft might simultaneously be entering the security market to compete with Symantec. This news is fresh, and might be depressing the market's enthusiasm about Symantec/Veritas.

I'm Sick of Mergers... (1)

sybarite (566454) | more than 9 years ago | (#11107274)

I mean, almost nothing good ever comes out of them for the consumer. Service takes a hit, products get dropped, prices go up. Where are the so called synergies?

Re:I'm Sick of Mergers... (1)

banausikos (819685) | more than 9 years ago | (#11107436)

They're usually bad for the merging companies too. Synergies often don't pan out.

Re:I'm Sick of Mergers... (2, Insightful)

the_rev_matt (239420) | more than 9 years ago | (#11107500)

The "synergies" aren't meant to benefit the consumer. They are to benefit the investors and the corporate executives. Consumers benefit from competition in the marketplace, mergers of this scale are reductive of competition.

The point is to reduce costs, increase profits, and give all that extra money to the hard working execs and the hard working wall street types who make the deal happen, and let enough dribble down to the investors so that they don't make a stink. Screw everyone else.

Re:I'm Sick of Mergers... (1)

secret_squirrel_99 (530958) | more than 9 years ago | (#11107543)

I mean, almost nothing good ever comes out of them for the consumer. Service takes a hit, products get dropped, prices go up. Where are the so called synergies?

In this case that may not be true. It all depends on which way the control goes. Veritas support just plain sucks. Symantec for all their faults has good support. Personally I'd abandon both for CommVault and Trend, but if Symantec takes control, the service and support at Veritas will most likely improve.

Maybe Symantec's just diversifying (3, Insightful)

gargonia (798684) | more than 9 years ago | (#11107284)

I know I would diversify if I were them. With predictions of new vulnerabilities being exploited within hours [zdnet.co.uk] it seems like anti-virus software would be a risky business to be in right now. If a major organization got rooted via an exploit that their software didn't protect them from quickly enough they might try to sue Symantec for failing to provide adequate protection. I don't think such a case would be have much merit or be successful, but it would still cost money to defend against it. It might be a very savvy move to have another field to expand into if the market on AV got tight.

Jack of All Trades... (3, Insightful)

chill (34294) | more than 9 years ago | (#11107325)

...Master of None.

Once, long ago, Peter Norton made some damn good tools for DOS. Then came their antivirus product, and it was pretty good, too.

Then came Symantec, and so far I'm not impressed with anything they've done. Have they done anything? Other than buy other companys' products and rebrand them?

All the cool stuff, like Ghost, Tools and AV, came from Norton. The Raptor/Velociraptor firewalls were purchased.

Veritas makes some good stuff. Unfortunately, I believe Symantec will fix that over time.

Mediocre seems to be their watchword.

-Charles

Re:Jack of All Trades... (2, Informative)

michael path (94586) | more than 9 years ago | (#11107476)

Ghost was not originally a Norton/Symantec product either. It came from a company called Binary Research International [siggraph.org]

The Norton Utilities were mighty fun during the DOS days.

Re:Jack of All Trades... (1)

BigWhiteGuy_27 (804307) | more than 9 years ago | (#11107482)

Ghost did *not* come from Norton originally. It came from a company called Ghost Software, which was purchased by Norton/Symantec.

Re:Jack of All Trades... (0)

Anonymous Coward | more than 9 years ago | (#11107593)

"Have they done anything?"

Yes, they ran PC Tools (better than Norton, IMO) into the ground.

Not looking to buy, they are "buying" them. (1)

blanks (108019) | more than 9 years ago | (#11107338)

From http://www.veritas.com/

"Symantec Corp. and VERITAS Software Corp. today announced a definitive agreement to merge in an all-stock transaction. Based on Symantec's stock price of $27.38 at market close on December 15, 2004, the transaction is valued at approximately $13.5 billion."

I give this less than a 50% chance of working out (1)

ZuggZugg (817322) | more than 9 years ago | (#11107343)

If Symantec is buying Veritas, I'm not share how much they understand Veritas' business...I don't expect good things. Does anyone know of any good example of similar technology company mergers that have created better products for their end users? Compaq/DEC=failure, HP/Compaq=failed, IBM/Lotus=mostly failed...

one more owner for backup exec... (2, Informative)

ecalkin (468811) | more than 9 years ago | (#11107352)

it was conner backup exec in 1993.
then it was purchased by acada (? - acadia)
then it was purchased by seagate
then it was purchased by veritas

and amazingly enough, backup exec has continued to get better over time.

eric

Re:one more owner for backup exec... (1)

OnlineAlias (828288) | more than 9 years ago | (#11107579)

Its almost like OSS in that regard, put enough eyes on it and you will get some pretty good code....

bn (1)

PHanT0 (148738) | more than 9 years ago | (#11107450)

Billion should always be spelt with a capital B... even if it is Symantec.

Stock performance (1)

nahnkari (732424) | more than 9 years ago | (#11107478)

Veritas 1 year stock performance:
http://finance.yahoo.com/q/bc?s=VRTS&t=1y [yahoo.com]

Symantec 1 year stock performance:
http://finance.yahoo.com/q/bc?s=SYMC&t=1y [yahoo.com]

If you notice Veritas halved its stock price and symantec doubled the same during 1 year. Nice cheap acquisition !

M

Big corporations like to buy things just like (0)

Anonymous Coward | more than 9 years ago | (#11107480)

you and me. Tis the season!

nothing is what it seems or is reported to be... (3, Interesting)

museumpeace (735109) | more than 9 years ago | (#11107486)

from the art:
...It would be somewhat surprising to see Veritas agree to an acquisition , given that the company's CEO Gary Bloom has long said he thinks Veritas can grow at a steady pace on its own. Veritas has acquired numerous companies over the past two years, trying to build out its server software portfolio.... Gary Bloom used to work for Oracle...he was the VP that oversaw Oracle's swallowing of e-travel so he knows exactly what he is up against. [disclosure...I was one of a small handful of SW engineers who escaped with some dot.com lucre when Oracle later disgorged e-travel.]
I would look at Symantec buying Veritas as a defensive move...EMC has moved into new markets aggressively and managing the security of all that data they already store/fetch would be logical. It would also seriously crimp a growth path that Symantec could take into the same market space from its position as a security provider.
Now, who can tell me if I should sell my VRTS?

Makes you wonder... (2, Funny)

IronChefMorimoto (691038) | more than 9 years ago | (#11107490)

Would it not be sick, evil irony if we all found out that, after Symantec purchases Veritas, Symantec's "other" software lines include:

- Symantec Virus DevStudio 7
- Symantec Spam Server 5
- Symantec Gator
- Symantec Hard Drive Eraser 4
- Symantec Registry Hoser XP
- Symantec Network Trojan 5.5
- Symantec EZ Spyware 4
- Symantec RAID Drive Ejector 3

That would pretty much cover their business development needs for the OTHER product line that we're already aware of.

IronChefMorimoto

Two words: (1)

Jonny Royale (62364) | more than 9 years ago | (#11107505)

Computer Associates [ca.com] .

All Symantec needs to complete this picutre is a good monitoring software...

Norton Antivirus vs eTrust
Backup Exec vs ARCServ (Brightstor)
___________ vs Unicenter

Can anyone fill in the blank?

Re:Two words: (1)

ZonkerDude (841004) | more than 9 years ago | (#11107590)

Who could they buy? Not Tivoli, not MOM, not BMC. Maybe NetIQ who is struggling since MS stopped sending them money.

Re:Two words: (0)

Anonymous Coward | more than 9 years ago | (#11107607)

How about AppManager from NetIQ?

Re:Two words: (0)

Anonymous Coward | more than 9 years ago | (#11107637)

Counterpane Internet Security? They've been shopping themselves for years, it would be funny if they actually got bought.

Unless (1)

Remlik (654872) | more than 9 years ago | (#11107512)

You've ever delt with the crappy ass software Semantic sells.

Veritas goes to Semantic and I dump Veritas with a vengance.

Ultrabac does the same stuff with a lot smaller install, and for less money.

Whoooopadee doo. (1)

Beefslaya (832030) | more than 9 years ago | (#11107536)

If Symantec can give the same good support for an Enterprise Data Backup software as their anti virus (enterprise, not the nazi home user edition), I'm all for a merger. My $1000 a year for support access just goes to Symantec instead....whoopdee doo.

Symantec is a pain (1)

prisoner (133137) | more than 9 years ago | (#11107538)

They buy these companies and then "poof" goes decent support. Except that shitty knowledgebase. The only company that has managed to fuck things up worse is Business Objects. They bought Crystal reports (the most sold company around) and their support is just aweful. They have forums that people post to but no employees seem to monitor. The instructions in the Crystal reports for installing things like the report server are written as if they wrote a functional version and then stripped any pertinent technical info.

These software companies are becoming like patent holding companies. They're just there to collect the tolls at the tech support gate. Sure, the software is expensive but nothing compared to the revenue they can get by squeezing people that plunk down $700 for the software and then pay several hundred per incident.

I'd like to flog whomever it was that sold crystal reports to those idiots.

Backups are part of security... (2, Insightful)

danielrm26 (567852) | more than 9 years ago | (#11107551)

"Seems like a kind of strange deal to me."

Not to me. If you ever get into the infosec theory stuff, you'll study the CIA acronym; the "A" in it stands for availability, and that's what backups provide.

A backup company is a smart addition to a security company.

Symantec's Size. (1)

Deathlizard (115856) | more than 9 years ago | (#11107554)

Does anybody know what Symantec's size is saleswise?

MS is #1 Oracle is #2. Are they #3 at this point?

Well this just... (1)

bob670 (645306) | more than 9 years ago | (#11107564)

sucks, they bought PowerQuest and have taken simple and useful products like V2i Protector and Partition Magic and made them more cumbersome to use (Symantec LiveState is teh suck) and slowed 'em down with the same painful copy protection/authentication scheme they put on their latest A/V suite. Most Veritas products are far from what I would could "user friendly" so I can only imagine Symantec's black touch making a bad thing worse.


It's stuff like this that keeps me excited about Linux, I still have choice.

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