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Symantec, Symantec

Headquartered in Cupertino, California, USA, Symantec has operations in more than 40 countries and is part of the NASDAQ 100 and Fortune 500 2008 . Symantec is one of the ten largest software companies in the world.

During the 1990s, Symantec switched focus away from development of its own products and towards acquisition of other companies. An early purchase gave Symantec ownership of Norton Utilities, created in the mid-1980s by software engineer Peter Norton. At one time Symantec was also known for its development tools, particularly the THINK Pascal , THINK C, Symantec C++ , and Visual Cafe packages that were popular on the Macintosh and IBM PC compatible platforms; they exited this business in the late-1990s as competitors such as Metrowerks, Microsoft, and Borland gained significant market share.

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. After the merger, Symantec now includes storage related products in its portfolio. Veritas File System (VxFS), Veritas Volume Manager (VxVM) and Veritas Volume Replicator are but three.

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



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