(Length: 9 pages)

May 30, 2006

Symantec's Acquisition Strategy

Today Security, Tomorrow The World

by Thomas Raschke, Bill Nagel

with Thomas Mendel, Ph.D., Reedwan Iqbal

Executive Summary (This is a document excerpt)

Since 2000, Symantec has been aggressively acquiring companies — 25 in total. Six years ago, the firm was a relatively small vendor chiefly known for its consumer antivirus software — but acquisitions changed all that, expanding Symantec's remit into nearly every area of computer security save identity management. But even this wasn't enough: In 2005, the firm made a big play into the information availability space with its monster acquisition of storage management vendor VERITAS Software. Now Symantec's annual revenues exceed $3.5 billion and it faces the unenviable task of integrating all of the products it has acquired into its solutions and rationalizing its value proposition. Playing in the major leagues is a tantalizing prospect, but both the firm's current customer base and partner community have reason to be worried: Symantec is currently not quite large enough to either compete with the big players or avoid being devoured by one of them — thus jeopardizing its future as an independent company.

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This document falls under the following categories. Click on a link below to find similar documents.
Analyst: Bill Nagel, Thomas Raschke
Technology: Infrastructure Security, IT Management, IT Strategy, Planning, & Governance, Security & Risk
Industry: Computer Software Industry, Corporate Strategy, High-Tech, Mergers & Acquisitions, Tech Sector Economics
Geography: Asia Pacific, Europe, North America

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