Symantec CEO: Altiris Is Not for Sale

Symantec's CEO has written to top partners and customers to reassure them that the company remains committed to its solutions across endpoint encryption, endpoint protection, enterprise mobility and endpoint management

  • Tweet  
  • LinkedIn  
  • Facebook  
  • Google plus  
  • Send to Kindle
  • Send to  

Editor’s note:  As part of our special editorial partnership, Channelnomics is publishing this recent article from CRN in the UK.

Symantec Corp.'s chief executive has written to top partners and customers to reassure them that its Altiris IT management business is not for sale, CRN has learned.

Related articles

Reports surfaced in January that the vendor had put Altiris up for sale as part of a wide-ranging reorganization at the security and back-up software giant.

It bought Altiris for $830 million back in 2007.

But it appears that any intentions Symantec had of offloading the unit have been shelved after chief executive Steve Bennett indicated to partners that it is committed to its solutions across endpoint encryption, endpoint protection, enterprise mobility and - critically - endpoint management (which equates to Altiris).

"Despite any rumors to the contrary, all of these technologies remain a critical part of our product development and overall portfolio," Bennett wrote in an email to customers and partners.

Symantec partners we spoke to praised the vendor's decision to hang on to what they see as a strategically important product.

One source, who wished to remain anonymous, said: "Altiris is a solid, very technical business which is well liked in the channel. We would have been gutted if they had sold it."

Lance Williams, Symantec business manager at Softcat, said he thought Symantec had paid heed to analyst predictions that those vendors which have an end-to-end ability to manage and secure devices - regardless of whether that be PCs, tablets or smartphones - will win out.

"Endpoint management is one of those things where you can ask, ‘where does it fit into Symantec?’" said Williams.

"But if you look at the device proliferation that is happening across most organizations, if Symantec removed endpoint management from their portfolio, it would arguably leave a gaping hole.

"It would be silly to sacrifice server and client management capabilities for the sake of a deeper focus on something like mobile, when it's now all about the user."

Speculation that Altiris was for the chop first surfaced in January after Symantec announced it would be streamlining its product offering and trimming its 17,000-strong workforce.

According to the Wall Street Journal report, which cited sources close to the process, any sale would likely have fetched below what Symantec paid for the firm.

We were awaiting comment from Symantec as this story went to press.

For more UK channel coverage from CRN, visit www.channelweb.co.uk

  • Tweet  
  • LinkedIn  
  • Facebook  
  • Google plus  
  • Send to Kindle
  • Send to  
More on Channel Business
wires

HP to focus on wired, wireless to take market share from Cisco

Meg Whitman says there is opportunity to capture Cisco-dominated market

failure2

If at first, you don’t succeed...

The road to success is paved with obstacles, potholes and yes, failure. The secret is to learn from our mistakes and keep walking

Cloud jigsaw

Cloud repatriation the future of IT - Dell

Blog says trend is significant for the present and future

light-through-cloud

Economic cloud has silver lining

Solution providers need not cave to the doom and gloom of economic forecasts; they should make a plan and forge ahead instead

Visitor comments
Add comments
blog comments powered by Disqus
In-depth
Web design

Your just-right website: Art, Science and a little je ne sais quoi

Follow these rules for an online presence that’s visually appealing, content-rich and easy to navigate

richard-hutton-samsung

Vendor Q&A Series: Richard Hutton, Samsung

The latest channel exec to sit in the Channelnomics hotseat is Samsung's director of channel marketing for the Enterprise Business Division of Samsung Electronics America

failure2

If at first, you don’t succeed...

The road to success is paved with obstacles, potholes and yes, failure. The secret is to learn from our mistakes and keep walking

isolated-ignored-business

Vendor agenda: Resellers may find themselves out of the loop when vendors merge

In part two of our two-part series, this month we take a look at what resellers can expect to face when their vendor is involved in an M&A