VERITAS Software
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VERITAS Software | |
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Type | Public |
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Founded | 1989 |
Headquarters | Mountain View, California, USA |
Key people | Gary Bloom, CEO |
Industry | Computer software |
Products | VxFS VxVM VxSF NetBackup Veritas Backup Exec Cluster Server (VCS) Veritas Enterprise Administrator Veritas Volume Replicator (VVR) Veritas SANPoint |
Revenue | $2.04 billion USD (2004) |
Employees | 7000 |
Slogan | ? |
Website | www.veritas.com |
VERITAS Software Corporation (NASDAQ: VRTS) was an international software company that was founded in 1983 as Tolerant Systems, and renamed VERITAS Software Corp in 1989. It was headquartered in Mountain View, California. The company specialized in storage management software including the first commercial journaling file system, VxFS, VxVM, VCS, the personal/small office backup software Backup Exec and the popular enterprise backup software NetBackup. By acquiring OpenVision Technologies in April 1997 and the Network and Storage Management Group of Seagate Software in May 1999, VERITAS became one of the top five software companies in the world.
VERITAS was listed on the S&P 500 and the NASDAQ-100.
On December 16, 2004, VERITAS and Symantec announced their plans for a merger in a deal valued at $13.5 billion. It was the largest announced software industry merger to date. On June 24, 2005, VERITAS and Symantec shareholders voted to approve the merger. On July 2, 2005, Symantec and VERITAS finalized the merger and the resulting company has retained the name Symantec.