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Symantec to Buy Veritas

Posted by CmdrTaco on from the consolidation-is-fun dept.

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.

6 of 258 comments (clear)

  1. OMG by FreeLinux · · Score: 4, Funny

    Who does Symantec think they are? Computer Associates?

  2. Forward Thinking by dbfruth · · Score: 5, Funny

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

  3. Re:Huh? by stupidfoo · · Score: 5, Insightful

    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.

  4. Re:Huh? by sbowles · · Score: 5, Insightful
    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.
    --
    You sly dog: you got me monologuing! - Syndrome
  5. Office Reaction by dJCL · · Score: 4, Interesting

    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...

    --
    On Arrakis: early worm gets the bird. Magister mundi sum!
  6. Re:Huh? by Telastyn · · Score: 4, Insightful

    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.