Report: Symantec in Talks With Veritas
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Symantec Corp.'s reported interest in acquiring Veritas Software Corp. for more than &#36;13 billion would represent the computer security giant's biggest step yet beyond its core businesses of defending against viruses and thwarting hackers. Investors weren't impressed, though, and Symantec's shares plunged 16 percent.
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Symantec Corp. unveiled plans to develop a common set of services to serve as a foundation for its Veritas storage management software.
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Symantec and Veritas Software are trying to persuade investors that their proposed $13.5 billion deal, the largest in the software industry, makes sense.
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Deal will combine Symantec&#39;s security products with Veritas&#39; storage software, resulting in reach from PCs to data centers.
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When solution providers look back on Symantec&#39;s acquisition of Veritas Software, they will likely remember it as the moment security and storage officially became joined at the hip.
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Computer security giant Symantec Corp. is buying storage and backup program maker Veritas Software Corp. in a $13.5 billion deal that will create the world&#39;s fourth largest software company.
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Computer security giant Symantec Corp. is buying storage and backup program maker Veritas Software Corp. to create the world&#39;s fourth largest software company.
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Symantec, a leader in security software, will acquire Veritas, a maker of data storage programs, to create the world's fourth-largest software company.
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Symantec Corp. (NASDAQ: SYMC) will today unveil details of its new Identity Initiative at this year's prestigious DEMO technology conference.
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NEW YORK/SAN FRANCISCO  - Symantec Corp. SYMC.O,  the top global security software maker, on Thursday said it  will buy data management software company Veritas Software  Corp. VRTS.O for $13.5 billion, expanding into the data  storage and recovery business.
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Symantec kicked off the start of its Vision user conference unveiling a host of enhancements to Veritas NetBackup.
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Symantec&#39;s acquisition of Veritas has the potential to benefit customers and shareholders of both companies, but details of the deal leave some important questions unanswered, according to executives and industry experts.
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Symantec Corp., the top global security software maker, on Thursday said it will buy data management software company Veritas Software Corp.
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Merger mania found its way back into the software space today, asvsecurity firm Symantec said it would pay US$13.5 billion to acquire Veritas Software.
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Symantec Corp., the world&#39;s largest maker of anti-virus programs for computers, agreed to buy Veritas Software Corp. for $13.5 billion, the biggest software purchase in six years.
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Not long after Oracle has bought Peoplesoft, it looks like another big corporate buy out is on the way. Symantec is negotiating to buy storage software vendor Veritas
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COMPUTER security giant Symantec has agreed to acquire storage and backup program specialist Veritas Software in an equity deal valued at around $13.5 billion ($17.8 billion).