Tech Company M&A Transactions
VERITAS Software Acquisition
Operating out of Mountain View, VERITAS Software was bought by Symantec. The parties disclosed the acquisition price to be $13.5 billion.
Transaction Overview
Company Name
Acquired By
Announced On
12/16/2004
Transaction Type
M&A
Amount
$13,500,000,000
M&A Terms
Symantec Corp. and VERITAS Software Corp. today announced that the companies have entered into a definitive agreement to merge in an all-stock transaction. Based on Symantec's stock price of $27.38 at market close on December 15, 2004, the transaction is valued at approximately $13.5 billion.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
350 Ellis Street
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Website
Email Address
Not Recorded
Overview
VERITAS Software, one of the 10 largest software companies in the world, is a leading provider of software to enable utility computing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gary Bloom
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