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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.

3 of 258 comments (clear)

  1. 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.

  2. 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.

  3. 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