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Symantec Completes Sale of Veritas

Discussion in 'SecurityWeek' started by RSS, Feb 1, 2016.

  1. RSS

    RSS New Member Member

    Symantec is now a pure-play cyber security company. The company said on Monday that it has completed the sale of Veritas to a group of investors led by The Carlyle Group, giving Symantec roughly $5.3 billion in after-tax cash proceeds—$1 billion less than the company originally expected to receive from the sale.

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