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Corporate News
Bidding Adieu
Symantec President and Vice Chairman Gary Bloom will leave the company before the end of the month, planning to take a break from the high-tech industry after about 25 years in the business. Bloom, who will also resign from Symantec’s board, joined the company when it merged with VERITAS. Read more at: http://www.symantec.com/about/news/release/article.jsp?prid=20060123_04
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Shopping Spree
Here at Symantec, we're always striving to help you and your clients manage and secure their information. To that end, in the past months, we've brought several new companies into the Symantec fold. The addition of Relicore, a leading provider of data center change and configuration management solutions, will allow us to deliver an integrated solution for standardized, simplified data center management. The move follows quickly on the heels of Symantec’s recently completed acquisition of IMlogic, the market leader in enterprise software for instant messaging, and BindView Development, a global provider of agent-less IT security compliance software. Visit: http://www.symantec.com/about/news/release/article.jsp?prid=20060207_02
Symantec to Deliver Next-Gen Consumer Security Service for Windows
The newest direction for Symantec is a next-generation security service for Windows Vista and Windows XP to continuously protect consumers as they use the Web. Scheduled for release this fall, the service, which is code named Genesis, will give home users up-to-date security protection against the most common threats. The service integrates Norton’s security and PC tune up technology and also provides online backup technology. Symantec has added patent-pending technology to protect against the latest Internet threats including crimeware, phishing and fraudulent web sites, to protect users and they do online shopping and banking. For more information, see our Corporate press announcement at http://www.symantec.com/about/news/release/article.jsp?prid=20060207_01
Symantec Q3 Earnings Rise 5 Percent Due to Record Deals and Robust Demand
Symantec announced sold growth in earnings at the close of its third quarter for fiscal year 2006. GAAP revenue for the December 2005 quarter was $1.149 billion and non-GAAP revenue was $1.253 billion. On a non-GAAP basis, revenue grew five percent over the December 2004 quarter's combined non-GAAP revenue of $1.192 billion. The company credits the solid results to a record number of large deals as well as continuously robust demand for availability solutions. More complete details of the results can be reviewed at:
http://www.symantec.com/about/news/release/article.jsp?prid=20060131_01
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