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Symantec, Veritas Merger Approved

Posted by ryuzaki0 on from the come-together dept.

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."

2 of 88 comments (clear)

  1. Strange Partnership by Uber+Banker · · Score: 0, Offtopic

    Veritas?

    Will Robert Kilroy Silk be on the board?

  2. The true cost of viruses by mickq · · Score: 0, Offtopic

    I wonder if there has been more financial damage caused directly by viruses, or more caused indirectly by viruses - because people go and buy AV software??