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Symantec and Veritas to merge

Posted on Monday, January 10 2005 @ 00:19:17 CET by

Symantec announced plans to merge with Veritas in a $13.5 billion stock deal.

Symantec primary offers anti-virus and other security related software and Veritas is a leader in back-up and storage software.

The combined company will be called Symantec, and Symantec shareholders will be the majority owners.

Read more at Registerguard



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