Symantec to acquire Veritas for $13B?
The wires are flooded with reports today that security software provider Symantec Corp. is in talks to acquire Veritas Software Corp. for $13 billion.
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The talks have been going on for more than a month and are almost complete, according to a New York Times report, although the deal isn't done yet and could still fall through, the paper said.
The combination of Symantec, which makes computer security and maintenance products, and Veritas, the largest provider of backup software, would create a company with a complete range of data protection products and change the game for Veritas, which has felt increasing pressure from EMC since its acquisition of No. 2 backup seller Legato. Stay tuned for an in-depth look at what this acquisition will mean for storage users.
Copan OEMS FalconStor VTL
Copan Systems, provider of a backup to disk-based storage array, will integrate a version of FalconStor's VirtualTape Library (VTL) software into its Revolution 200T. FalconStor's VTL uses industry standard high-speed disk to provision virtual tape drives and libraries to backup servers attached to an iSCSI/IP or Fibre Channel SAN.
Oracle launches low-cost storage initiative
Oracle has introduced its Resilient Low-Cost Storage Initiative that helps organizations use modular, low-cost storage arrays. The use of low-cost storage such as ATA disk based arrays, in conjunction with Oracle Database 10g, enables organizations to build affordable and scalable database storage grids, the company claims. Apple, Dell, EMC, Engenio Information Technologies, Inc., HP, MPC Computers and Network Appliance, Inc. are collaborating with Oracle on this initiative.
KPN picks EMC/Connected for PC backup services
KPN, the largest telecommunications provider in the Netherlands, has selected EMC's Proven Solution for PC Backup, a joint EMC-Connected product for automated PC data protection services for small and medium-sized businesses. The offering includes EMC Clariion, Symmetrix DMX and Centera content addressed storage integrated with the ConnectedDataProtector/PC data capture and restoration software. Backed up files are transported using the telecommunications carriers' network services and archived on EMC storage devices at the carriers' hosting site. In the event of unpredictable events, such as hard drive crashes and lost or damaged PCs, subscribers will be able to recover any archived files using the DataProtector/PC restore process, which delivers recovered data on-line or via custom CDs, the companies said.
Arrow, Bakbone sign distribution agreement
BakBone Software announced that the Enterprise Storage Solutions division of Arrow Electronics, Inc. has signed an agreement to distribute and support BakBone's NetVault data protection software. The agreement covers all markets in North America giving BakBone's resellers a new level of support in the form of technical, sales, marketing, financing, certification and training services. In addition, NetVault is available in Arrow's two enterprise solutions labs where it can be tested and demonstrated by resellers and their end-users.
SANrad unveils replication for IP SANs
SANrad Incorporated, a provider of intelligent iSCSI IP SAN products, announced the availability of LDR -- the first in a series of data replication and disaster recovery products for SANrad-enabled IP SANs. It is available through SANrad's network of storage networking VARs throughout the world. SANrad LDR combines hardware and software to enable campus-wide data replication and disaster recovery for military installations, universities, medical centers, local and state government and financial institutions, providing business continuity for any operation requiring uninterrupted access to data.