Symantec announced on Tuesday that it had closed its megamerger with Veritas Software, officially marrying the security giant with the storage maker. With the close of the $10.5 billion deal, Symantec hopes to win larger deals than it could land without Veritas, according to analysts.
The deal formally closed Saturday, as previously reported, with the heavy lifting for the integration planning occurring in the next six months. When Symantec reports its quarterly results for the three-month period ending in December, analysts will examine whether the combined company can secure more contracts in excess of $100,000 each than as separate companies. That would translate into more than the 615 deals for $100,000 each and a total of 27 deals over $1 million, according to Morgan Stanley and the companies' financial reports.
Chamtech's spray-on antenna uses a nano material to provide a low-power boost to antenna range. The wireless-in-a-can product may some day bring an end to unsightly cell towers.
Whether Apple will release a new iPad next month doesn't seem to be the question as much as what day it will happen. A new rumor has it down to the day.
Tommy Jordan, the man who shot his daughter's laptop for YouTube, gets a visit from police and child protection services. Oh, and Good Morning America.
EnerG2 opens a plant to make an engineered carbon that will improve performance of energy storage devices and make storage for start-stop hybrid cars less expensive.
As UC Berkeley students, the co-founders of "Back to the Roots" discovered they could grow mushrooms using recycled coffee grounds. Now their mushroom kit sells at grocery stores across the country.
