Veritas' solutions help organizations leverage the power of their information
Veritas offers top solutions that cover all platforms, ensuring backup and recovery, business continuity, as well as storage and governance of information.
Veritas Technologies Corporation ’s solutions – software and hardware – enable 86% of the world’s Fortune 500 companies to protect, identify and manage their data across the world’s largest and most complex heterogeneous environments, from traditional data centers to vast private, public and hybrid cloud environments . Symantec Corp. (NASDAQ: SYMC), recently announced that it has reached an agreement to transfer its information management and availability business, known as Veritas , for $8 billion to a group of investors led by The Carlyle Group, along with GIC and other investors. The process is expected to be completed by January 1, 2016. The company’s solutions already have a long and successful history in the Greek market. Following the completion of the sale by Symantec , its solutions will continue to be represented and promoted in the local market by a dedicated and experienced team through its channel partners. The company’s channel partner in Greece makes ongoing and significant investments in acquiring world-class technical skills, which are now a benchmark for many others. Its presence will be strengthened by continued investments in the development of the business, both in Greece and regionally.
“We are convinced that the Greek market presents significant opportunities for the development of our activities in the areas covered by the Veritas. The know-how available in the Greek market is excellent and has significant potential to further fuel the development of our activities. Therefore, in this context, our colleagues in Athens now have upgraded and more important leadership roles, with broader regional coverage. Together, with our partners and customers here, we are committed to continuing to strengthen the company's leading position in the market and gain additional shares in the region,” said Vasile Aniculăesei, Territory Manager of the company.
The need for the solutions provided by the company has never been greater. The uncontrolled increase of data constitutes a costly burden and a potential security risk, helping customers identify high-value information that is “buried” deep within operational data warehouses. The company has the capability to recognize which information is high-value and to give businesses access to it, in a way that leads to strategic and well-documented decision-making.
About Veritas Technologies Corporation
Veritas Technologies Corporation, the company that will result from the full separation from Symantec, contributed $2.6 billion in revenue in fiscal 2015 and is a leader in a market currently valued at $11 billion. Based in Mountain View, California, Veritas employs approximately 7,800 people in 37 countries.
Learn more at www.veritas.com
About Symantec Corp.
Symantec Corporation (NASDAQ:SYMC) specializes in protecting information by helping people, businesses and governments seek the freedom to unlock the opportunities of technology – anytime, anywhere. Founded in April 1982, the company is a Fortune 500 company and operates one of the world’s largest intelligent data networks, providing advanced solutions for securing, backing up and making critical information available wherever it is stored, accessed or exchanged. The company employs more than 19,000 people in more than 50 countries. 99% of Fortune 500 companies are its customers. In fiscal 2015, Symantec reported revenues of $6.5 billion. For more information about the company and its products, visit www.symantec.com or https://www.symantec.com/social/.
