A $13.5 billion merger between Symantec Corp. and VERITAS Software Corp.A $13.5 billion merger between Symantec (Symantec Corporation, Cupertino, CA, www.symantec.com) A software company founded in 1982 by Dr. Gary Hendrix. It was acquired by Gordon Eubanks in 1984 and released its Q&A file manager the following year. In 1990, it merged with Peter Norton Computing, Inc. Corp. and VERITAS Software Veritas Software Corp. was an international software company that was founded in 1983 as Tolerant Systems, renamed Veritas Software Corp. in 1989, and merged with Symantec in 2005. It was headquartered in Mountain View, California. Corp. makes the data storage and security software company the fifth largest in the world. John W. Thompson
The merger was met with a significant amount of criticism, as many experts question how the two companies, which have different strategies and operate in different markets, will work together. "Our belief is that as we bring our two teams together, we're not going to ask you to sacrifice the capabilities of either company," Thompson Thompson, city, Canada Thompson, city (1991 pop. 14,977), central Man., Canada, on the Burntwood River. A mining town, it developed after large nickel deposits were discovered in the area in 1956. said in a statement. Thompson also sits on the board of directors of UPS, NiSource Inc., and Seagate. |
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