Sale of Veritas to The Carlyle Group

3 years ago

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veritas sold to the carlyle group

Today, Symantec announced it has entered into a definitive agreement to sell Veritas to global investment firm,The Carlyle Group. The transaction is expected to close at the end of the year.

What does this mean for you?

COMPAREX will continue to support both Symantec and Veritas Technologies, including, our range of comprehensive services from initial project design through to implementation, knowledge transfer, training and project management.
To understand more about the change of ownership and how this impacts you, please contact your account manager or email

change of ownership benefits

Strengthened Portfolios - Veritas gains the financial backing of a firm with expertise and resources to accelerate the execution of its strategy and the ability to bring next generation information management solutions to you even sooner. For Symantec, the financial resources from the sale will allow Symantec to capitalise on the power of their telemetry and provide greater visibility into the threat landscape and pave the way to further expand their enterprise security product and services.
Smoother Transition - Symantec and Veritas have spent the past year working towards separating their businesses so that each can pursue its own destiny with focused strategies and focused missions. The sale simplifies the separation process.
Ongoing Continuity- There are still several months ahead before the sale is closed, but you can be certain that today's announcement doesn't impact your existing product or support strategies. Both companies remain committed to their partners and channel as essential parts of their go forward strategies.

Veritas and COMPAREX are here to support you. If you require any further information please contact us.


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