Feeds

Rumor: Symantec and Huawei prep storage and security JV

Routing around 3Com

3 Big data security analytics techniques

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?®

SANS - Survey on application security programs

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
AMD's 'Seattle' 64-bit ARM server chips now sampling, set to launch in late 2014
But they won't appear in SeaMicro Fabric Compute Systems anytime soon
Brit boffins use TARDIS to re-route data flows through time and space
'Traffic Assignment and Retiming Dynamics with Inherent Stability' algo can save ISPs big bucks
Microsoft's Nadella: SQL Server 2014 means we're all about data
Adds new big data tools in quest for 'ambient intelligence'
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.