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Symantec

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 350 Ellis Street, Mountain View, California, U.S.
Area served
Worldwide
Key people
Daniel Schulman
(Chairman)
Greg Clark
(CEO)
Products Security softwares
Revenue DecreaseUS$3.6 billion (2016)
Increase US$457 million (2016)
Profit Increase US$2.488 billion (2016)
Total assets Decrease US$11.76 billion (2016)
Total equity Decrease US$3.676 billion (2016)
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. Netcraft assesses Symantec (including subsidiaries) as the most-used certification authority. 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, the information-management business was spun-off as Veritas Technologies and sold to The Carlyle Group.

The name Symantec is a portmanteau of the words syntax, semantics, and 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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