Feeds

Symantec alliance with Huawei put on countdown

There can be only one, or many, but not two

Beginner's guide to SSL certificates

Symantec Vision Symantec CEO Enrique Salem said the Huawei-Symantec joint venture will have its fate known by the end of the year: either one of the partners will buy it or there will be an IPO.

Salem, answering questions at Symantec Vision, said his company entered into the pact, in which it holds 49 per cent after a $150m investment, for three reasons: gaining access to the Chinese market; understanding more about building integrated hardware and software systems and appliances; and moving into the network side of the telecoms market from its existing IP side base.

Huawei, he said, is the largest technology company in China with annual revenues in the area of 25 billion dollars. It has a strong base in networks and telecoms. Since entering into the joint venture, Symantec has launched integrated hard and software appliances in the form of the NetBackup 5000 and 5200 series products and the Backup Exec 3600.

The NetBackup is a deduplication appliance scaling from 16TB to 96TB (the 5000 model) and 32TB to 192TB (the 5020). The 5200 is an enterprise backup appliance, combining NetBackup 7.1 with content-aware deduplication and OST and media server functionality. Salem said that it integrated in one box what it took two or three boxes for Data Domain to do, adding: "We're winning against Data Domain today."

The Backup Exec 3600 also has integrated deduplication, at source and target levels, and protects both physical and virtual environments and includes Symantec V-ray technology to "see" inside virtual machines and backup at the app level. Symantec says data can be recovered at server, virtual machine, application, file/folder or individual object level through a single pass backup in seconds.

The 5200 and 3600 series products were launched in the US late last month and will be rolled out across the rest of the world in the 2012/2013 period, with the Backup Exec 3600 being rolled out to EMEA and Asia Pacific around mid-2012 - support availability will affect the timetable.

These appliances are based on servers from Huawei and also NEI.

Salem said the joint venture has progressed very well and there are three potential outcomes: "We buy it, they buy it, or there is an IPO. We're discussing with Huawei what path to take. It should be clear in 60 to 90 days which direction we'll take."

There's a fourth theoretical outcome, surely, and that's simply to carry on. It doesn't look as though that's going to happen, and an IPO might be courageous in the economic climate. We wonder which partner will buy the venture if business as usual is not an option. ®

Internet Security Threat Report 2014

More from The Register

next story
NSA SOURCE CODE LEAK: Information slurp tools to appear online
Now you can run your own intelligence agency
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
NASA launches new climate model at SC14
75 days of supercomputing later ...
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Cloud unicorns are extinct so DiData cloud mess was YOUR fault
Applications need to be built to handle TITSUP incidents
BOFH: WHERE did this 'fax-enabled' printer UPGRADE come from?
Don't worry about that cable, it's part of the config
Stop the IoT revolution! We need to figure out packet sizes first
Researchers test 802.15.4 and find we know nuh-think! about large scale sensor network ops
SanDisk vows: We'll have a 16TB SSD WHOPPER by 2016
Flash WORM has a serious use for archived photos and videos
Astro-boffins start opening universe simulation data
Got a supercomputer? Want to simulate a universe? Here you go
prev story

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.