Symantec and Veritas to merge

Posted on January 10, 2005 - 00:19 CET by Thomas De Maesschalck

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

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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Symantec and Veritas to merge

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