As an independent company, Veritas continues to offer leading solutions and services in the field of backup and recovery, while also announcing a new and improved partner program.
Athens, October 9, 2015 - Veritas Technologies , a global leader in backup and recovery solutions, today announced that it has formally completed its operational separation from Symantec. This means that the company now operates independently of Symantec, following the completion of an $8 billion deal to sell it as a standalone operating unit to The Carlyle Group. The sale is expected to close in January 2016.
Veritas will continue to offer its leading solutions and services as an independent company with over 8,000 employees and $2.6 billion in revenue, addressing the biggest challenges in the field of backup, appliances, and information availability in critical business data environments. At the same time, it will develop new solutions that will address today's and tomorrow's complex IT problems. It should be noted that the website www .v eritas.com also operates from a separate domain where one can refer to information regarding the company's services and products.
During the Press Conference, the new independent partner program Veritas Partner Force. This new partner program provides consistency and continuity in the collaboration with existing customers, while also containing optimized elements for information management. The program is designed to help specialized Veritas partners differentiate themselves in the market and profit from it. The goal is to maximize the profits of partners, but also stability, through more predictable methods of developing new partnerships in the information management market.
Finally, we should note that the updated version of the enterprise data protection solution, Veritas NetBackup™ 7.7.1, , which includes features that significantly expand the efficiency of data backup and recovery via cloud storage services, thanks to support for new cloud service providers and increased performance.
The latest release significantly improves the performance and interoperability of backups stored in cloud environments, such as those from Amazon Web Services (AWS), Google, Hitachi Data Systems (HDS), Verizon, and Cloudian. NetBackup 7.7.1 works seamlessly with VMware®, vSphere Virtual Volumes, Microsoft® Hyper-V, NetApp clustered Data ONTAP® (cDOT), and Microsoft SQL Server™ environments, and provides enhanced management capabilities that allow users to autonomously manage backup and recovery using easy-to-use interfaces, combined with other integrated tools.
About Veritas Technologies Corporation
Veritas Technologies Corporation, the information management and availability company, enables organizations to harness the power of their information with solutions designed for the largest and most complex, heterogeneous IT environments. Today, Veritas works with 86% of the Fortune 500 companies, improving the availability of their data and delivering insights that drive competitive advantage. Learn more at www.veritas.com
