SMB - Symantec to exit security appliance business

23.06.2006

Former COO John Schwarz left the company in September, 2005 and executives like Jeremy Burton, the company's Group President for Enterprise Security and Data Management, came to the company through its acquisition of storage software vendor Veritas.

With CEO John Thompson staking Symantec's future on security and storage management, cuts to incongruent or less profitable product lines like security appliances were unavoidable, and more politically palatable, Pescatore said.