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Sygate

Symantec Corporation
Public
Traded as NASDAQSYMC
NASDAQ-100 Component
S&P 500 Component
Industry Computer software
Founded March 1, 1982; 35 years ago (1982-03-01)
Sunnyvale, California, U.S.
Founder Gary Hendrix
Headquarters Mountain View, California, U.S.
Area served
Worldwide
Key people
Daniel Schulman
(Chairman)
Greg Clark
(CEO)
Products Security software
Revenue IncreaseUS$4.019 billion (2017)
Decrease US$-100 million (2017)
Profit Decrease US$-106 million (2017)
Total assets Increase US$18.174 billion (2017)
Total equity Decrease US$3.487 billion (2017)
Number of employees
11,000 (2016)
Divisions List of divisions
Website www.symantec.com

Symantec Corporation /sɪˈmænˌtɛk/ (commonly known as Symantec) is an American software company headquartered in Mountain View, California, United States. The company produces software for security, storage, backup and availability - and offers professional services to support its software. Symantec is a Fortune 500 company and a member of the S&P 500 stock-market index. The company also has development centers in Pune, Chennai and Bengaluru (India).

On October 9, 2014, Symantec declared it would split into two independent publicly traded companies by the end of 2015. One company would focus on security, the other on information management. On January 29, 2016, Symantec sold its information-management subsidiary, named Veritas Technologies (which Symantec had acquired in 2004) to The Carlyle Group.

The name "Symantec" is a portmanteau of the words "syntax" and "semantics" with "technology".

Founded in 1982 by Gary Hendrix with a National Science Foundation grant, Symantec was originally focused on artificial intelligence-related projects, including a database program. Hendrix hired several Stanford University natural language processing researchers as the company's first employees, among them Barry Greenstein (professional poker player and developer of the word processor component within Q&A). Hendrix also hired Jerry Kaplan (entrepreneur and author) as a consultant to build the in-RAM database for Q&A.


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