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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."

1 of 88 comments (clear)

  1. It's the ultimate combo by kingsqueak · · Score: 5, Funny

    Two companies, both extensively utilizing undocumented error codes in their products, both of whom don't make available any updates to software without a support contract. Both vendors sell you shrink-wrap with long out of date releases that are totally broken upon install without the updates.

    It's a match made in heaven. Now Veritas can supply phone support via unskilled, scripted foreigners to complete the integration of the value-added services Symantec offers.

    Put a fork in them, they're done.