Feeds

Virtual Instruments nabs Symantec ex-CEO

Mark Urdahl sticks around to advise

3 Big data security analytics techniques

US business establishment great and good member John Thompson, the ex-CEO of Symantec, has become CEO of tiny Virtual Instruments.

Virtual Instruments (VI) is a tiny but fast-growing firm supplying products to monitor virtualised data centre infrastructures, such as NetWisdom and VirtualWisdom. It recently introduced a SANInsight TAP Patch Panel System, a pre-Tapped fibre-optic patch panel product, claimed to lower the cost and simplify deployment of network TAPs into Fibre Channel SANs and virtualised infrastructure.

The firm was started up as a private equity spin-out from Finisar in June 2008 and is headquartered in Scotts Valley, California. Its corporate blurb says: "Customers such as Barclay's Card Services, Kaiser Permanente, Lloyd's Bank, and Unilever achieve significant cost savings in virtualisation and SAN deployments by optimising availability, performance and utilisation of IT resources." Partners include IBM, HP, HDS, Dell and EMC - it all sounds blue chip through and through.

Mark Urdahl, no longer Virtual Instruments CEO, stays on as an advisor, continues as a director and, incidentally, has a large shareholding in VI.

VI revenues grew 100 per cent in 2009, the year that Thompson joined it as an investor and board member. Possibly he got bored on the board and wanted a more hands-on role, hence the CEO shuffle.

Thompson, now in his early sixties, was IBM's general manager for the Americas and was an IBM employee for a quarter of a century. He left to become Symantec's chief operating officer in 1999. When he assumed the CEO position he became the only African-American heading a major tech firm. Annual revenues grew tenfold during his tenure, rising from $600m to more than $6bn when he retired in April 2009.

VI revenues will be a fraction, a tiny fraction of that, and we guess investors will be getting excited about IPO or acquisition opportunities with golden effects on their shareholdings. Presumably Thompson will make this happen faster than Urdahl.

He was appointed by President Bush to serve on the USA's National Infrastructure Advisory Committee (NIAC), confirming his establishment status. The main event he'll be remembered for at Symantec is the $13.5bn purchase of Veritas in 2005, a purchase that still excites passionate debate about its beneficial or adverse after-effects on the Veritas products and technology. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
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.
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.
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.