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Last $24.67 USD
Change Today +0.03 / 0.12%
Volume 2.6M
SYMC On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

symantec corp (SYMC) Key Developments

Symantec Has Been Exploring Veritas Sale

Symantec Corporation (NasdaqGS:SYMC) has approached NetApp Inc, EMC Corp and several private equity firms to gauge their interest in Veritas AG, as reported.

Symantec's Veritas Launches General Availability of Backup Exec™ 15

Symantec announced that Veritas (the planned spinout of Symantec's Information Management business) is launching the general availability of Backup Exec™ 15, an updated version of the backup and recovery solution that delivers capabilities to help customers address their core needs while staying ahead of the changing landscape. The new features of Backup Exec 15 include: support for VMware with capabilities that deliver advanced integration with vSphere 6; expanded support for more hybrid-cloud platforms, like AWS Storage Gateway VTL cloud service; faster upgrades and migrations; and simplified licensing models through Backup Exec Capacity Edition Light.

Symantec Corporation Presents at SNIA Data Storage Innovation Conference, Apr-07-2015

Symantec Corporation Presents at SNIA Data Storage Innovation Conference, Apr-07-2015 . Venue: Hyatt Regency Hotel, 5101 Great America Parkway, Santa Clara, CA 95054, United States. Speakers: Carlos Carrero, Technical Product Manager.

Telecom Italia and Symantec Team Up on SME Security Services

Symantec has signed a partnership agreement with Telecom Italia to reinforce the operator's cloud services offering for SMEs. Under the terms of the agreement, Telecom Italia's SME customers can access Symantec's Endpoint Protection Small Business Edition package of security software through the operator's Nuvola Store cloud marketplace. The Endpoint Protection software is designed to give SMEs better protection against daily targeted attacks without slowing down their performance in both physical and virtual environments.

Intralinks Holdings, Inc. Announces Expansion of Enterprise Fabric Partner Ecosystem for Secure Content Collaboration

Intralinks Holdings, Inc. announced the expansion of the Intralinks Enterprise Fabric partner ecosystem through the addition of new partners including MobileIron, Okta, and Symantec. Intralinks Enterprise Fabric partners provide a set of capabilities that collectively comprise a best-of-breed integrated suite of technologies. When woven together, these technologies create an enterprise fabric that enables organizations to manage, secure, and extend protections for high-value content anywhere, anytime, and on any device. The Intralinks Enterprise Fabric partnerships leverage an organization's existing investments in security, data management, and mobility technologies, extending their reach to support beyond-the-firewall content collaboration and file sharing using the Intralinks Platform. Intralinks Enterprise Fabric partnerships allow organizations to integrate their existing internal information management, security, and compliance systems so they can leverage these capabilities as data is shared outside the organization. These integrations make it easier and safer for partners, suppliers, distributed mobile workers and contractors to collaborate. Together, the Intralinks Platform and Intralinks Enterprise Fabric partners provide organizations the ability to manage the complete lifecycle of unstructured content, to secure content wherever it is accessed or stored, and extend access to information and processes to keep the organization productive. Users of the Intralinks Platform can leverage familiar and trusted solutions for content distribution and workflow, monitoring and auditing, security and event management, data loss prevention, and secure mobile management.

 

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Industry Analysis

SYMC

Industry Average

Valuation SYMC Industry Range
Price/Earnings 18.7x
Price/Sales 2.6x
Price/Book 2.8x
Price/Cash Flow 15.6x
TEV/Sales 1.7x
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