Veritas digs out $30m to bury dotcom ghosts
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Creative accounting, as well as resume writing Veritas today put to bed an interminable accounting scandal dating back to the dotcom bubble, and the reign of its disgraced CFO Kenneth Lonchar.â¦
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SPYWARE COMPANY executive Sanford Wallace and his two companies, Seismic Entertainment Productions and SmartBot.Net will be the first to have the dubious honour of being charged by the FTC.
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Don't mention the stock Brocade and Mercury Interactive have coughed up $35m between them to settle charges they deliberately flouted SEC rules by falsifying dates of stock option grants.â¦
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Adding a big piece to its utility computing jigsaw puzzle, Veritas Software (Quote, Chart) rewrote its OpForce server provisioning software to include application discovery and configuration.
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Two years ago today, Red Hat CEO Matthew Szulik confirmed the purhase of two prized enterprise products from AOL - Netscape Directory Server and Netscape Certificate Management System. He also noted than Red Hat intended to open source the products within 12 months.  Red Hat paid $25 million for the assets. You could say that was pretty good considering that in 1998, AOL paid more than $4 billion for Netscape. Matthew's purchase represented the last divestiture of Netscape's assets by AOL. If you wander on over to the Fedora Directory Server (FDS) site you can take a look at an enhanced version of the Netscape Directory Server. This isn't your older brother's directory server. Aside from open sourcing the Netscape server, you'll find an abundance of documentation to help you learn and operate a stellar product. In the case you have little familiarity with FDS, it has features you will not find in other open source LDAP servers.  These include: Multi-master replication  Hot-backups and restores  Integration utility for Microsoft Active Directory users and groups  A graphical management console and web available administration
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Just when you thought there were no profits left in the land of the dot-com....
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The embattled IT services giant is trying to trim $3 billion in annual costs.
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Veritas gets KVS&#39;s Enterprise Vault, an app that archives business-critical data held within Microsoft Exchange, SharePoint, Office, and file systems.
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(InfoWorld) - Veritas Software has agreed to pay $30 million to the U.S. Securities and Exchange Commission (SEC) to settle charges that it engaged in fraudulent accounting practices and aided Time Warner's America Online (AOL) in committing fraud. Veritas, whichÂ Symantec purchasedÂ on July 2, 2005, agreed to pay the fine "without admitting or denying the allegations," according to an SEC filing this week. The allegations were contained in a complaint with the U.S. District Court in the District of Columbia. A spokeswoman from a Symantec public relations agency confirmed the fine Friday and said the funds had already been set aside in reserve as part of Symantec's acquisition of Veritas. Symantec itself was not named in the SEC complaint, she noted. Company officials were not immediately available for further comment. The fine stems from an inquiry opened four years ago into a secret deal between Veritas and AOL. That deal involved the exchange of software licenses and advertising, and raised each company's revenue by $20 million. Both companies subsequently restated revenue numbers to erase the gains from the deal. Even as it settles its beef with the SEC, Symantec's Veritas is still embroiled in a battle with another government agency, the U.S. Internal Revenue Service (IRS). The IRS is seeking more than $757 million in back taxes the agency claims Veritas owes, as well as $303 million in penalties. Symantec is disputing the charges.
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International data services, dual network support are built into $300 device.
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A project to build a digital camera of cosmic dimensions on a mountaintop in Chile has received a $30 million boost from a pair of software moguls and philanthropists.
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Budding entrepreneurs and historians of the future will be able to look back on the madness of the dot com boom. The University of Maryland has received government and private grants to archive the business
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Will invest $30 million on bringing software developers in five Asian countries into their fold.
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Global security software maker Symantec is to take over Veritas Software in a merger deal valued at $13.5bn (Â£7bn). The all-share deal will see Symantec swap 1.1242 shares of common stock for each Veritas share.
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Precise set free for a fee Five years and thousands of broken dreams ago, Veritas ate application performance management software maker Precise for $609m. And now Symantec is offloading the pricey baggage.â¦
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Money is like manure. You have to spread it around or it smells EMC has grown bored of sitting on a fat pile of VMware IPO cash and reportedly dropped $76m for web-based automated backup outfit Mozy.â¦
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A project to build a pioneering telescope in Chile got a $30 million boost Thursday with donations from Microsoft chairman Bill Gates and former company executive Charles Simonyi.