Slashdot Mirror
Symantec, Veritas Merger Approved
stuuf writes "Shareholders today voted to approve a merger between Symantec and Veritas. The deal, announced last December, was valued at $13.5 billion. However, some of Symantec's investors have backed off since then, and the merger, expected to close on July 2, is now valued at only $11 billion. Many of Symantec's products have been losing popularity recently; the merger may be good news for Veritas's competitors."
Yea, but so does Microsoft and Symantec, and you dont see Microsoft buying up... oh wait...
Seriously though, two companies selling computer services to corporations does not really qualify as enough overlap, there's gotta be something more to make a merger like this work.
>> Yea, but so does Microsoft and Symantec, and you dont see Microsoft buying up... oh wait...
The current rumor, according to the Veritas technician who has been helping us with the i3 product, is that IBM is looking at Symantec.
It makes more sense than Microsoft. IBM can easily brand Symantec's desktop products as a side business, but the real meat of the deal is 2 things:
1. Veritas clustering and related enterprise level stuff. Goes along with IBM's enterprise services vision, as well as affording tighter integration with IBM products, like MQ and Websphere to provide more robust and highly available solutions.
2. i3 kicks major ass as a montitoring tool for j2ee and database based applications. Apparently, tighter integration with Websphere is on their minds...which would kind of be a blow to BEA (weblogic).
I also work with guys from IBM pretty regularly, and they hear the rumors on their side as well.
The hard core, enterprise level stuff has never really been a Microsoft area of business. They see happy with just taking over the desktop, and providing small to mid-range business solutions. At least that's my take on it....
wbs.
Huh?
Symantec C++ was an amazing compiler and development environment for the Mac, DOS and Windows during the 1990s. Now it lives on as DMC++ from http://www.digitalmars.com/ .
It was one of the products from Symantec's golden age, when they provided useful services and software. I remember those days fondly: one could even be proud to say he or she was using Symantec software. These days the Symantec name has become a joke, associated with half assed "security" software that often fails miserably. How things change in a short decade!
Cyric Zndovzny at your service.
IBM would sort of make sense here. IBM entered a joint venture with veritas (El Reg) to bundle Veritas Cluster & Storage Foundation with their kit, in some form anyway.
...)
Veritas also has products that possibly could provide some of the missing pieces from IBMs linux solutions (VxFS, VxVM, Cluster
But Veritas & Symantec ? Doesn't make any sense to me at all.