Feeds

Rumor: Symantec and Huawei prep storage and security JV

Routing around 3Com

Secure remote control for conventional and virtual desktops

Symantec and Shenzhen-based network and telecommunications equipment supplier Huawei are close to finalizing a joint venture deal, China Daily reports today.

The paper's unnamed source "familiar with the negations" said under the JV the companies would produce data storage devices and internet security products.

Symantec however, has nothing to say about the alleged deal, telling us, "We don't comment on rumor and speculation."

Representatives from Huawei were not available for comment as of this writing.

China Daily said the deal, which could be announced as early as May, would mark Huawei's comeback to the US and to the data storage and security markets. Huawei previously entered into a similar joint-venture deal with US-based 3Com before selling their stake earlier this year.

Financial details of the purported Symantec partnership were not disclosed, but Huawei will hold a majority of the venture, according to the paper. The new company will likely be headed by Li Yinan, VP of Hauwei, the paper also said.

While the partnership might make sense for Huawei, the deal would be an odd move for Symantec.

Symantec - via its Veritas blood - occupies a pretty neutral place in the storage market with software covering systems from HP, IBM, Sun Microsystems, EMC and others. Going up against parts of these vendors' hardware lines would rustle plenty of feathers.

That said, Symantec might see a nice path for pimping both its security and storage software in one go via a variety of NAS-style devices. With the likes of Cisco, EMC and others trying to add more "intelligence" into their gear, why shouldn't Symantec take a shot at moving up the food chain as well?®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Ellison: Sparc M7 is Oracle's most important silicon EVER
'Acceleration engines' key to performance, security, Larry says
Linux? Bah! Red Hat has its eye on the CLOUD – and it wants to own it
CEO says it will be 'undisputed leader' in enterprise cloud tech
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Hey, what's a STORAGE company doing working on Internet-of-Cars?
Boo - it's not a terabyte car, it's just predictive maintenance and that
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.