Symantec headquarters in Mountain View, California
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Public | |
Traded as |
NASDAQ: SYMC NASDAQ-100 Component S&P 500 Component |
Industry | Computer software |
Founded | March 1, 1982 Sunnyvale, California, U.S. |
Founder | Gary Hendrix |
Headquarters | 350 Ellis Street, Mountain View, California, U.S. |
Area served
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Worldwide |
Key people
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Daniel Schulman (Chairman) Greg Clark (CEO) |
Products | Security softwares |
Revenue | US$3.6 billion (2016) |
US$457 million (2016) | |
Profit | US$2.488 billion (2016) |
Total assets | US$11.76 billion (2016) |
Total equity | US$3.676 billion (2016) |
Number of employees
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11,000 (2016) |
Divisions | List of divisions |
Website | www |
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, 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.