Symantec and The Carlyle Group to Close Acquisition of Veritas Later
On January 29 rather than January 1, 2016
This is a Press Release edited by StorageNewsletter.com on December 24, 2015 at 2:55 pmSymantec Corp. and The Carlyle Group expect to close Carlyle’s acquisition of Veritas Technologies LLC on January 29, 2016, subject to the satisfaction of customary closing conditions.
The closing was previously expected to take place on January 1, 2016.
Bill Coleman, who will become CEO of Veritas upon the close of the transaction, said: “The team at Carlyle and I continue to be very excited about Veritas, its strong brand and products, as well as its top-tier customer and partner base. We see in Veritas an incredible opportunity for value creation and look forward to working alongside the strong existing Veritas team.”
Read also:
Second Biggest All-Storage Acquisition in History
Veritas acquired from Symantec by The Carlyle Group together with GIC for $8 billion
2015.08.12 | Press Release | [with our comments]
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