Symantec to Buy Veritas for $13.5 Billion
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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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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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Veritas Software Corp. , the leading storage software provider, said on Tuesday it agreed to acquire email backup company KVault Software Ltd. for &#36;225 million in cash.
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Security software company SymantecÂ is negotiating to buy storage software vendor Veritas SoftwareÂ for more than $13 billion, according to a report published Tuesday by The New York Times.
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Veritas Software Corp. , the leading storage software provider, said on Tuesday it agreed to acquire email backup company KVault Software Ltd.
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French oilfield services group  Compagnie Generale de Geophysique (CGG) and Texas-based Veritas  DGC Inc. said on Tuesday that CGG agreed to buy Veritas in a  cash and stock deal worth about $3.1 billion.
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NEW YORK/SAN FRANCISCO  - Symantec Corp. SYMC.O,  the top global security software maker, on Thursday said it  will buy Veritas Software Corp. VRTS.O for $13.5 billion,  expanding into the data storage and recovery business.
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Symantec, which produces the Norton line of computer products, is in talks to acquire Veritas Software, a maker of data backup programs.
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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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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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A week after the mega-deal between security and management software merger between Symantec Corp. and Veritas Software Corp., EMC Corp.
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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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A BERKSHIRE-based email archiving company, KVault Software, has been bought for $225m (Â£125m) by Veritas Software, a leading US security specialist.
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DECEMBER 16, 2004 (IDG NEWS SERVICE) - Security company Symantec Corp.&#39;s acquisition of Veritas Software Corp. could benefit customers and shareholders of both companies, but details of the $13.5 billion deal
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MOUNTAIN VIEW, Calif. --(Business Wire)-- Aug. 31, 2004 -- VERITAS Software Corporation (Nasdaq:VRTS) today announced it has entered into a definitive agreement to acquire KVault Software Limited (KVS), the
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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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According to a report in the New York Times this morning, Symantec Corp. (Nasdaq: SYMC - message board) is on the verge of completing negotiations to purchase Veritas.