A $13.5 billion merger between Symantec Corp. and VERITAS Software Corp.

Author:Johnson, Erinn R.
Position:NEWSBYTES - Brief Article
 
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A $13.5 billion merger between Symantec Corp. and VERITAS Software Corp. makes the data storage and security software company the fifth largest in the world. John W. Thompson, Symantec's chief executive and last year's BLACK ENTERPRISE Corporate Executive of the Year. serves as the head of the combined company as well as chairman of the company's board of directors.

The merger was met with a significant amount of criticism, as many experts question how the two companies, which have different strategies...

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