“Symantec” to join the others and announced its intention to split itself into two companies




The company intends to “Symantec” Symantec developed for anti-virus software, “Norton” Norton, split itself into two companies two, so focus first on security, and focus on other business storage, backup, and so in an effort to attract more investors.

The software development company in recent American series of ads companies split itself, where the company announced the “HP” on Monday it plans to split itself into two companies in an effort to focus on the market “corporate services” widening growth.

Analysts say the step “Symantec” This may attract more investors, such as “Cisco” and “NetApp” NetApp.

The earnings growth and share price offe “Symantec”, down the affected market sales of personal computers, fell far behind manufacturing companies and other security software, prompting the company to separate CEOs since 2012.

And landed revenues “Symantec” by 3 percent to 6.7 billion dollars during its fiscal year with the recent acts of storage that are struggling, while operating income declined by nearly 20 percent.

The online auction site “eBay” eBay announced last week that it plans to separate the service of electronic transactions belong to him, “Bye Bye” PayPal to operate independently as a public company, and in the second half of next year 2015.

It also said the electronics company known “Phillips” Philips on September 23 / ​​September last it plans to split itself into two companies, the first to focus on health care and technology, while the other focuses on lighting products.


In: Technology & Gadgets Asked By: [15554 Red Star Level]

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