Symantec and Veritas merger is finally complete
Symantec and Veritas merger is finally complete
Jul 06, 2005: Customers and partners have voiced their support of the merger between Symantec and Veritas, which was finally completed this week along with the announcement of a new board of directors.
The company is now looking forward to fulfilling its aim of meeting the security and storage needs of its customers to help reduce the complexities and cost of managing IT infrastructures.
Suresh Vasudevan, the senior vice president of product management and business units at Network Appliances, said that the Symantec and Veritas merger would provide a very compelling and secure solution for data-hungry and information-driven customers.
"NetApp customers can benefit tremendously from this merger as we continue to expand our joint solution development and tighten interoperability with existing and future Symantec and Veritas products."
Jong-Soon Kim, the CIO of Hyundai Department Store, added that the unity would increase efficiency for his organisation.
"The combination of Veritas and Symantec will provide us with a single vendor who can meet all of our information security and data management needs. As a result, Symantec will help us to reduce complexities in our data centre and drive down the cost of managing systems."
In addition to the merger being completed, 10 directors have been appointed to server on the company's board, who will be eligible for re-election at the company's 2005 annual stockholders' meeting.
However, John Thompson will remain as chairman of the board of directors as well as chief executive officer. Gary Bloom, who used to be Veritas' CEO will now be the vice chairman and co-president
The other members are Michael Brown, William Coleman, David Mahoney, Robert Miller, George Reyes, David Roux, Daniel Schulman and Paul Unruh.
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