Symantec split will begin on April 1
The company will separate into two sales divisions on April Fool's Day
Symantec will begin behaving as separate companies from April 1, splitting its sales divisions into two separate storage and security organisations, the company has confirmed.
Tricia Atchison, senior director of RTM and channel marketing at Symantec NA, told employees: "We are going to stay the course with you guys. It's a really exciting time at Symantec as we split the company into two. We think it will provide us a lot of opportunity as we go forward in both businesses."
Symantec's Veritas brand will undergo brand and strategy changes and be responsible for running information management, covering backup and recovery, archiving, eDiscovery, storage management, and information availability services.
The core Symantec business will run the security side, including its consumer and enterprise endpoint security, endpoint management, encryption, mobile, Secure Socket Layer certificates, user authentication, data loss prevention, hosted and managed security, and mail, web and datacenter security services. Both management teams will be refreshed and it will result in some redundancies, the organisation reported.
"We have begun to realign the sales and marketing organisations to support both businesses, starting with two new global sales leaders: Adrian Jones for Symantec and Brett Shirk for Veritas," the company said.
Symantec told IT Pro it's still on track to make the split official by December , with high hopes it will lead to growth after reporting very subdued results in Q3.
"We will have the ability to drive focus and growth in each of those businesses. It should also reduce our operational complexity," Atchison said.
The news about Symantec's split was first announced last October in the hope it would allow the company to move focus from integrating the two businesses, which it had struggled to do since it acquired Veritas ten years ago.
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