A marriage that at the time left many in Silicon Valley scratching their heads will be a thing of the past, as Symantec (SYMC) said Tuesday that it would sell its Veritas data storage business to private equity firm Carlyle Group, valuing the deal at $8 billion. The security software maker’s purchase of Veritas in 2004 for more than $13 billion left many on Wall Street wondering about the synergies, as many analysts viewed the two businesses as
Unsolicited commercial email, or spam, accounted for 49.7% of all email in June. While still a lot, June marked the first time in over a decade that the spam rate has fallen below 50%, Internet security firm Symantec (SYMC) said in its June report on cybersecurity. The last time the percentage of spam was below 50% was in September 2003, Symantec sa ys. Phishing rates and email-based malware were also down in June. But cybercriminals appear to have
Honeywell, BAE Systems, Lockheed, AT&T, IBM, Intel, Raytheon, HP, Booz Allen, Cisco Systems and EMC are all, of course, well-known … security companies? Indeed, the ranks of computer security vendors range far beyond the pure-play makers of security software such as Symantec (SYMC), Palo Alto Networks (PANW) and Fortinet (FTNT). That defense contractors and big tech companies are moving into, or deeper into, security is no surprise given the