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Europe Daily Bulletin No. 8911

18 March 2005
Contents Publication in full By article 30 / 40
GENERAL NEWS / (eu) eu/competition
Symantec's purchase of Veritas authorised

Brussels, 17/03/2005 (Agence Europe) - The Commission has given the go-ahead to plans by the American company Symantec Corp to buy its fellow American software company Veritas Software Corp, for a sum in the region of 13.5 billion dollars. Symantec produces security software (data protection, anti-virus, firewalls etc) and services linked to its software products, and Veritas makes data storage and protection software. Upon examination, the Commission found that the overlaps of activity...

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