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“Symantec is considering splitting into security and storage part ‘
Symantec examines whether it must split into at one end a company for security and on the other hand, a company for the storage of data, claims Bloomberg. Within weeks a decision on this would be published.
Symantec The new CEO of the company, Michael Brown, would support a break after that option has previously been considered. In April, Symantec JPMorgan Chase & Co. rose in the arm to examine. strategic opportunities Symantec struggling with disappointing results due to the shrinking PC market, where the group with its security is the main part of his income away picks.
After splitting the two businesses would be better able to focus, while acquisitions are a possibility on their market. Among other EMC and HP would have an interest in either the storage section or the security branch. HP announced on Monday itself known to be split while eBay recently announced divestiture Paypal and distribute. Itself into two parts at the bottom ofViewing:-145
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