VERITAS: Discounted and Attractive
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It might be worth taking a good look at this stock, which has fallen far in the last 52 weeks.
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Corporate licences make for happy software vendors
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Symantec Corp.'s reported interest in acquiring Veritas Software Corp. for more than $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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Recently departed Veritas Software Chief Technology Officer Fred van den Bosch has added to his holdings in the Mountain View company's stock, at least for now.
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Ziff Davis - Both EMC and Veritas are building up their respective e-mail archiving offerings through development and acquisition to give customers more stringent control of enterprise content.
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Veritas Software Corp. (VRTS.O: Quote, Profile, Research) , the largest independent US storage software provider, said on Tuesday it will buy e-mail backup company KVault Software Ltd.
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Computer security giant Symantec has agreed to buy storage and backup program maker Veritas Software to create the world's fourth largest software company. The all-stock acquisition was initially valued at &#36;13.5 billion, but the price quickly plummeted after investors weighed in on the merger.
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Symantec's reported interest in purchasing Veritas for $13 billion is in keeping with the company's expansion plans, analysts say.
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Storage and backup application vendor Veritas Software Corp. is acquiring e-mail archiving vendor KVault Software Ltd. (KVS) to bolster its offerings to customers.
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Veritas has released a new version of its OpForce provisioning software. The application enables administrators to discover, provision, configure and track multiple brands of servers and applications across data centers.
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Hefty valuations = a bet on the future.  That future is clearly open source + SaaS, based on the multiples people are willing to pay.
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Bargain hunters may want to keep an eye on this stock.
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SAN JOSE, Calif. - Symantec Corp.&#39;s reported interest in acquiring Veritas Software Corp. for more than $13 billion would represent the computer security giant&#39;s biggest step yet beyond its core businesses
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Also: New modular Hummer 'more animalistic,' 'eco-friendlier'. See what people are saying on News.com Extra.
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Ideeli, a new e-commerce Web site, will offer members a chance to buy heavily discounted luxury items â as long as they are quick enough.
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Ending days of speculation, security technology company Symantec Corp. said Thursday, Dec. 16, it will buy Veritas Software Corp., a provider of storage technology, for $13.5 billion in stock.
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Also: New business models make upgrading cheaper. See what people are saying on News.com Extra.