Veritas Technologies

Veritas Technologies LLC
Limited liability company
Industry Computer software
Founded 2015
Headquarters Mountain View, California, United States
Area served
 Worldwide
Key people
 William T. Coleman III, CEO.[1]
Owner The Carlyle Group
Number of employees
 7,800
Website www.veritas.com

Veritas Technologies LLC is a data management company that was spun-off from Symantec on January 29, 2016.[2][3] Symantec restructured during 2015 to prepare for the spin-off by separating its data management business as Veritas Technologies, and will itself focus on security software.[4]

Initially, Veritas was planned to have been demerged through an initial public offering, although in August 2015 Symantec reached an agreement to sell the company to the private equity firm The Carlyle Group.

References

  1. ↑ "Corporate Leadership". Veritas Technologies. Retrieved 7 April 2016.
  2. ↑ "Symantec Completes Sale of Veritas, Now Singularly Focused on Cybersecurity". Symantec. January 29, 2016. Retrieved January 29, 2016.
  3. ↑ Kuranda, Sarah (January 29, 2016). "Partners Cheer The Official Closing Date Of Symantec Split". CRN. Retrieved January 30, 2016.
  4. ↑ "Symantec latest company to split in two". BBC News. October 10, 2014. Retrieved January 25, 2016.

External links

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