Symantec, Symantec

Symantec's shareholders voted to approve the merger on June 24, 2005; the deal closed successfully on July 2, 2005. July 5, 2005 was the first day of business for U.S. offices of the new, combined software company. As a result of this merger, Symantec includes storage and availability related products in its portfolio namely Veritas File System (VxFS), Veritas Volume Manager (VxVM), Veritas Volume Replicator (VVR) and Veritas Cluster Server (VCS).

Upon closing of the transaction, Precise Software Solutions will take over all development, product management, marketing and sales for the APM business. To ensure a smooth transition for customers and the new company overall, Symantec will continue to support the APM business post closing via a transition services agreement. Additionally, Symantec and Vector have signed an agreement allowing Symantec to continue to sell APM software and support to its customers. Further, Symantec will continue to honor the terms and conditions of its support commitments to its customers, and will leverage the APM personnel transferred over to Precise Software Solutions to ensure continuity of support.

Source: Wikipedia > Symantec