|Consumer security business is becoming commoditized|
|Veritas acquisition was one of the worst in history|
Symantec Corporation (NASDAQ: SYMC), known by many as the producer of the Norton anti-virus program, specializes in providing information security and storage products. Symantec helps its customers, which range from large enterprises to individuals, to protect their systems and data by delivering software and services that address risks to information security and system performance. The Company's delivery network consists of 40,000 partners worldwide, and includes relationships with original equipment manufacturers (OEMs), Internet service providers (ISPs), and retail and online stores.
Symantec faces intensifying competition from a number of new market entrants, including Cisco Systems, Juniper Networks and Microsoft. While Symantec has head start, the increased competition will undoubtedly drive down prices.(Read more at Wikinvest )