Symantec Announces Sale of its Data Storage Business, Veritas

Symantec Announces Sale of its Data Storage Business, Veritas

Software Security providers, Symantec have agreed a deal to sell Veritas,  their data storage business to Carlyle Group LP in a deal worth between $7-8billion according to Bloomberg.

Carlyle Group LP are a private equity firm hoping to cash in on Veritas’ new portfolio of products designed to give customers better visibility of their storage and data centre networks. read more