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Symantec's storage spinoff to be known as Veritas

Jan. 29, 2015 1:21 PM ETGen Digital Inc. (GEN) StockBy: Eric Jhonsa, SA News Editor3 Comments
  • What's old is new again: Ten years after merging with storage management software leader Veritas, Symantec (SYMC -0.8%) has decided its storage software ops will go under the Veritas name after being spun off from the company's security software/service ops.
  • Symantec adds the businesses that will (again) be known as Veritas had FY14 (ended March. '14) revenue of $2.5B (37% of Symantec's total revenue). FY15's FQ4 results are due on Feb. 5.

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