Security vendor Symantec acquired the storage management software provider Veritas for $13.5 bn (yes, billion) in December. Analysts have their doubts about the deal because the two companies have little in common.
This notion is once again enforced by Veritas CEO Gary Bloom, who according to Cnet said that the combined workforce will have between only 2.5 and 3 percent work force duplication. "Back-office functions such as administration will be most impacted," he said.
The official reasoning behind the merger is that Symantec is largely targeting consumers and small businesses. Veritas goes deep into the data centre at large enterprises, giving the Symantec sales force access to a new grade of customers.
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