Huawei Symantec Technologies Co. Ltd. (Chinese: 华为赛门铁克科技有限公司; pinyin: Huáwéi Sàiméntiěkè Kējì Yǒuxiàn Gōngsī) was a developer, producer and supplier of network security, storage and computing solutions. The joint venture was disbanded in March 2012 [1][2] when Symantec sold its share in the company to Huawei, which is headquartered in Chengdu, China.[3][4] Huawei originally owned 51% of the company, while Symantec owned 49%.
2007 (May): Huawei and Symantec sign an agreement for the establishment of a joint venture in order to provide end-to-end solutions in the domain of converging network, security, and storage and computing technologies.[6]
2008 (February): Huawei Symantec was established.
2012 (March): Huawei acquires the 49% of shares held by the Symantec Corporation at a price of about 530 million U.S. dollars or 3.4 billion yuan.
Technological convergence and R&Dedit
Huawei Symantec is a holder of more than 300 patents in storage and network security field, and about 30 of them were accepted as formal technological standards.[7] Huawei Symantec's technologists participate in various standardization organizations, including holding chair and vice-chair posts.[8] More than 50% of employees are engaged in research and development activities with labs located in Beijing, Shenzhen, Hangzhou in China, and in India.[9]
Acquisition by Huaweiedit
On November 14, 2011, Beijing Time, Huawei and Symantec reached an agreement on a transaction where Huawei acquired Symantec's 49% stake in Huawei Symantec Technologies Co., Ltd. (Huawei Symantec) for US$530 million.[10] Upon closing the agreement gave Huawei full ownership of Huawei Symantec. Huawei Symantec and Symantec Corporation are two separate entities.
Referencesedit
^"Huawei – Symantec, broken join venture and the fear on chinese firms". Retrieved 2013-04-22.
^Perlroth, Nicole; Markoff, John (2012-03-26). "Symantec Dissolves a Chinese Alliance". The New York Times. Retrieved 2013-04-22.
^Jander, Mary (2007-05-23). "Huawei & Symantec Make It Official". Byte and Switch. Archived from the original on 14 February 2009. Retrieved 14 February 2009.
^. Huawei Symantec. Archived from the original on 2008-08-20. Retrieved 2009-02-14.
^. Xinhua News Agency. 2007-12-21. Archived from the original on 4 June 2011. Retrieved 14 February 2009.
^Tan, Lynn (2007-05-22). . ZDNet. CBS Interactive. Archived from the original on 2 March 2010. Retrieved 14 February 2009.
^Xinchun, Peng. . Huawei Symantec. Archived from the original on 2011-07-12. Retrieved 2009-02-14.
^. Huawei Symantec. 2008. Archived from the original on 2009-11-05. Retrieved 2009-02-14.
^. Huawei Symantec. Archived from the original on 2011-07-12. Retrieved 2009-02-14.
^. Symantec. Archived from the original on November 23, 2011. Retrieved 2011-12-02.
January 01, 1970
huawei, symantec, technologies, chinese, 华为赛门铁克科技有限公司, pinyin, huáwéi, sàiméntiěkè, kējì, yǒuxiàn, gōngsī, developer, producer, supplier, network, security, storage, computing, solutions, joint, venture, disbanded, march, 2012, when, symantec, sold, share, com. Huawei Symantec Technologies Co Ltd Chinese 华为赛门铁克科技有限公司 pinyin Huawei Saimentieke Keji Yǒuxian Gōngsi was a developer producer and supplier of network security storage and computing solutions The joint venture was disbanded in March 2012 1 2 when Symantec sold its share in the company to Huawei which is headquartered in Chengdu China 3 4 Huawei originally owned 51 of the company while Symantec owned 49 Huawei Symantec Technologies Co Ltd To build a harmonious information worldNative name华为赛门铁克科技有限公司Company typeJoint ventureIndustryInformation TechnologyFoundedFebruary 2008 2008 02 DefunctMarch 2012 2012 03 FateSymantec s stake acquired by HuaweiHeadquartersChengdu ChinaKey peopleChairmanRen Zhengfei CEOTad Lebeck CTOOwnersHuawei 51 Symantec 49 Huawei is a Chinese based company while Symantec Corporation NASDAQ SYMC is a US based corporation headquartered in Mountain View California 5 Contents 1 History 2 Technological convergence and R amp D 3 Acquisition by Huawei 4 ReferencesHistory edit2000 Huawei started R amp D in the security technology field Symantec is a provider of antivirus and security software 2004 Huawei started R amp D in storage technology field 2005 Symantec acquires Veritas Software manufacturer of Information Lifecycle Management software 2007 May Huawei and Symantec sign an agreement for the establishment of a joint venture in order to provide end to end solutions in the domain of converging network security and storage and computing technologies 6 2008 February Huawei Symantec was established 2012 March Huawei acquires the 49 of shares held by the Symantec Corporation at a price of about 530 million U S dollars or 3 4 billion yuan Technological convergence and R amp D editHuawei Symantec is a holder of more than 300 patents in storage and network security field and about 30 of them were accepted as formal technological standards 7 Huawei Symantec s technologists participate in various standardization organizations including holding chair and vice chair posts 8 More than 50 of employees are engaged in research and development activities with labs located in Beijing Shenzhen Hangzhou in China and in India 9 Acquisition by Huawei editOn November 14 2011 Beijing Time Huawei and Symantec reached an agreement on a transaction where Huawei acquired Symantec s 49 stake in Huawei Symantec Technologies Co Ltd Huawei Symantec for US 530 million 10 Upon closing the agreement gave Huawei full ownership of Huawei Symantec Huawei Symantec and Symantec Corporation are two separate entities References edit Huawei Symantec broken join venture and the fear on chinese firms Retrieved 2013 04 22 Perlroth Nicole Markoff John 2012 03 26 Symantec Dissolves a Chinese Alliance The New York Times Retrieved 2013 04 22 Jander Mary 2007 05 23 Huawei amp Symantec Make It Official Byte and Switch Archived from the original on 14 February 2009 Retrieved 14 February 2009 Contact Us Huawei Symantec Huawei Symantec Archived from the original on 2008 08 20 Retrieved 2009 02 14 Huawei Symantec joint venture gets EU go ahead Xinhua News Agency 2007 12 21 Archived from the original on 4 June 2011 Retrieved 14 February 2009 Tan Lynn 2007 05 22 Huawei Symantec forge joint venture ZDNet CBS Interactive Archived from the original on 2 March 2010 Retrieved 14 February 2009 Xinchun Peng Huawei Symantec A Pilot of Storage and Network Security Solutions in the Information Era Huawei Symantec Archived from the original on 2011 07 12 Retrieved 2009 02 14 Corporate Briefing Of Huawei Symantec 2008 Huawei Symantec 2008 Archived from the original on 2009 11 05 Retrieved 2009 02 14 Huawei Symantec Overview Huawei Symantec Archived from the original on 2011 07 12 Retrieved 2009 02 14 Huawei Acquires Symantec Stake in Huawei Symantec Joint Venture Symantec Archived from the original on November 23 2011 Retrieved 2011 12 02 Retrieved from https en wikipedia org w index php title Huawei Symantec amp oldid 1221433591, wikipedia, wiki, book, books, library,
