Symantec is splitting up

I'm sure that both this and the HP split are tactics to enable senior execs to make a bundle of money on stocks. I don't believe they'd do it for any other reason.

Dashrender

@scottalanmiller said:

Wow, did not see that coming. I wonder which group is going to get the backup groups?

The article says the IM division.

scottalanmiller

@Nic said:

I'm sure that both this and the HP split are tactics to enable senior execs to make a bundle of money on stocks. I don't believe they'd do it for any other reason.

That is generally the reason, yes.

scottalanmiller

@Dashrender said:

@scottalanmiller said:

Wow, did not see that coming. I wonder which group is going to get the backup groups?

The article says the IM division.

Oh cool, I did not dig in too deep. So the Symantec guys that we deal with are likely to all go the IM route and not the security and AV route. That is interesting.

scottalanmiller

Not entirely unlike Veritas splitting back off. I hope that they call the IM division "Veritas." The enterprise people often still refer to it in that way and the name is still on many of the products.

Dashrender

@IRJ said:

@ajstringham said:

HP AND Symantec?! WOW!

eBay and PayPal are splitting again, too
http://www.slate.com/blogs/moneybox/2014/10/09/paypal_ebay_split_underbanked_americans_may_lose_out_with_incoming_ceo_dan.html

Wow, this is pretty interesting.. .I never understood why eBay and Paypal joined in the first place, that seems to pidgen hole PP.

Reid Cooper

This is pretty surprising news, to be sure! I had no idea that this might be coming.

Well Symantec is a ghost of what it once was.. very few people have positive comments about most of their products. They destroyed BackupExec.

@Dashrender said:

@IRJ said:

@ajstringham said:

HP AND Symantec?! WOW!

eBay and PayPal are splitting again, too
http://www.slate.com/blogs/moneybox/2014/10/09/paypal_ebay_split_underbanked_americans_may_lose_out_with_incoming_ceo_dan.html

Wow, this is pretty interesting.. .I never understood why eBay and Paypal joined in the first place, that seems to pidgen hole PP.

A monopoly. You can only for things on ebay with paypal, sellers make other agreements sometimes but it's against the terms of ebay.. and theres no buyer protection.

scottalanmiller

eBay bought them. Pigeon holing PayPal was not their concern. They wanted to control it. I think that they have done a pretty good job making it operate like a separate entity though.

scottalanmiller

@thecreativeone91 said:

Well Symantec is a ghost of what it once was.. very few people have positive comments about most of their products. They destroyed BackupExec.

Pun intended, I hope.

thanksajdotcom

@thecreativeone91 said:

Well Symantec is a ghost of what it once was.. very few people have positive comments about most of their products. They destroyed BackupExec.

Interestingly enough, Richard at Webroot told me the only company he's seen that is a potential competitor in Webroot's style of product is products that are in the works at Symantec. Interesting stuff I thought.