Symantec IT Division Reborn as Veritas Technologies

new-veritas-logoVeritas Technologies Corporation will be the name for the new independent publicly traded information management company created following the announced separation of Symantec into two companies earlier this fall.
“Veritas remains a powerful brand that still has tremendous equity with our customers, partners and employees, and after careful review it was an easy choice as the name for our information management business,” said Michael A. Brown, Symantec president and chief executive officer in a release. “While the name recalls the company’s heritage, the new logo signals that Veritas is ready to solve the most critical information challenges facing our customers today and tomorrow.”
The new Veritas name  represent an established market leader, serving 75% of the Fortune 500 with a broad range of products that include backup and recovery software and appliances, storage management, clustering, disaster recovery, archiving and eDiscovery solutions. The Veritas business generated $2.5 billion in revenue for Symantec in fiscal year 2014.

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