History: All Acquisitions of Veritas
17 before being acquired by Symantec, then 2
This is a Press Release edited by StorageNewsletter.com on March 27, 2019 at 2:17 pmVeritas Software was number the one independent storage software company until January 2005, buying 17 firms including Seagate Software for $1.6 billion in 1998. It was acquired by Symantec for $11 billion in January 2005, and, at this time, generated $2.5 billion in revenue for Symantec in FY14. It was very innovative but lost its technological leadership under the umbrella of Symantec. Then it became once more independent under the name of Veritas Technologies and bought 2 small firms.
Month | Year | Acquired company | Price in $ million | Business of acquired company |
1 | 1997 | Openvision | 400 | Client/server systems management software that runs on top of OSs (NetBaklup) |
6 | 1998 | Windward Technologies | NA | Failure prediction software |
9 | 1998 | TeleBackup Systems | NA | Buyer get TSInfoPRO, a remote backup and restore product |
10 | 1998 | Seagate Software | 1,600 | Storage software; the storage deal of the year |
3 | 1999 | Frontier Software Development | NA | Software development team in India |
3 | 1999 | Open Australia | NA | Distributor in Australia |
8 | 1999 | NuView | NA | Cluster management sotware |
3 | 2001 | Prassi Europe | NA | CD/DVD recording software |
8 | 2002 | TKG (The Kernel Group) | NA | Restoration method now used in the Symantec NetBackup Bare Metal Restore product |
11 | 2002 | NTP Sofware SRM unit | NA | SRM software |
1 | 2003 | Precise Software Solutions | 609 | Application performance management |
1 | 2003 | Jareva Technologies | 62 | Automated server provisioning |
12 | 2003 | Geodesic | 3.5 | For cooperative work with Precise Software |
1 | 2004 | Ejasent | 59 | Software to move application from one server to another |
8 | 2004 | Invio Software | 35 | Workflow engine to automate IT service delivery |
9 | 2004 | KVS | 225 | Email archiving software |
6 | 2005 | Datacenter Technologies | 58 | CAS software and de-dupe |
3 | 2018 | fluidOps | NA | Orchestrate, integrate, manage and optimize structured and unstructured data sources housed in silos across on-premises, private, public and hybrid cloud environments |
3 | 2019 | APTARE | NA | Analytics, reporting and protection of enterprise data |