Post By Martin 0 Comments
February 2007 04

Symantec buys altiris?

InfoWorld | Symantec Makes a Move by Acquiring Altiris

Symantec Corporation surprised many last week when it announced that it had signed a definitive agreement to acquire Altiris, Inc., a leading provider of IT management software that enables businesses to easily manage and service network-based endpoints, from mobile devices, laptops, and desktops to servers and storage assets. Under the terms of the agreement, Altiris stockholders will receive $33 per share of Altiris common stock in cash, resulting in a transaction value of approximately $830 million net-of-cash-acquired. The deal is expected to close in the second calendar quarter of 2007 and would represent Symantec’s largest acquisition since its controversial announcement to acquire storage-software company, Veritas, for $13.5 billion back in December of 2004.

Very cool, this might bring some much needed benefits and brand recognition with the symantec brand, I hope they maintain the identity and focus on the product, not just bringing the product into the symantec brand of products.

Altiris is good because it focuses on being good at one task, and they remain in close dialog with their user community, I’ve used their forums many a day to resolve an issue with deployment/altiris etc.  The fact that I can register a requirement on their forum goes a long way to building the brand, and customer experience/faith in the product.

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