Posts Tagged ‘Symantec’
Warring duo grasp the olive branch as they sign up to Cyber Threat Alliance in a bid to bash the bad guys
Vendor’s shortlist down to just three, according to reports
Symantec management instability continues with loss of key channel VP
Symantec is still looking for a new chief and fending off calls to break up the company. Yet, it did manage to post a 50 percent increase in profits in the last quarter, thanks in large part to a new sales strategy, cost cutting and a resurgence in PC sales.
Spanish security vendor Panda Security is once again making a commitment to growing its U.S. and global market share through the channel. This isn’t a new pledge and the only real difference is new leadership.
While Symantec says the antivirus era is over and such software is no longer a moneymaker, it’s also making the bold promise to remove all viruses for Norton Small Business users or they get their money back.
In the first quarterly report since ousting its CEO, Symantec posted 7 percent decline in earnings and issued a forecast for sluggish growth. Positive signs exist, but recovery is still a long-term proposition.
Embattled security and storage vendor Symantec is pulling out some old tricks, including the use of “technology competencies” and margin enhancements to stimulate its channel while it resolves its own management and operational issues.