Symantec - Wikipedia. Symantec Corporation (commonly known as Symantec) is an American software company headquartered in Mountain View, California, United States.

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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 5. S& P 5. 00 stock- market index. The company also has development centers in Pune, Chennai and Bengaluru (India). On October 9, 2. 01. Symantec declared it would split into two independent publicly traded companies by the end of 2.

One company would focus on security, the other on information management. On January 2. 9, 2. Symantec sold its information- management subsidiary, named Veritas Technologies (which Symantec had acquired in 2. The natural language system was named . Turner chose the name of Q& A for Symantec's flagship product, in large part because the name lent itself to use in a short, easily merchandised logo.

Brett Walter designed the user interface of Q& A (Brett Walter, Director of Product Management). Q& A was released in November 1.

During 1. 98. 6, Vern Raburn and Gordon Eubanks swapped roles, and Eubanks became CEO and president of Symantec, while Raburn became its chairman. Turner named it Six Pack because employees were to work six days a week, see six dealerships per day, train six sales representatives per store and stay with friends free or at Motel 6. This promotion was very successful in encouraging dealers to try Q& A. During this time, Symantec was advised by Jim Lally and John Doerr — both were board members of Symantec at that stage — (Kleiner Perkins Caufield & Byers) that if Symantec would cut its expenses and grow revenues enough to achieve cash flow break- even, then KPCB would back the company in raising more venture capital. To accomplish this, the management team worked out a salary reduction schedule where the chairman and the CEO would take zero pay, all vice presidents would take a 5. Two employees were laid off.

Eubanks also negotiated a sizable rent reduction on the office space the company had leased in the days of the original Symantec. These expense reductions, combined with strong international sales of Q& A, enabled the company to attain break- even. The significantly increased traction for Q& A from this re- launch grew Symantec's revenues substantially, along with early success for Q& A in international markets (uniquely a German version was shipped three weeks after the United States version, and it was the first software in the world that supported German Natural Language) following Turner's having placed emphasis on establishing international sales distribution and multiple language versions of Q& A from initial shipment. Panorama Maker 2 1 0 Serials 2017 more. In 1. 98. 5, Rod Turner negotiated the publishing agreement with David Whitney for Symantec's second product, which Turner named Note.

It (an annotation utility for Lotus 1- 2- 3). It was evident to Turner that Note. It would confuse the dealer channel if it was launched under the Symantec name, because Symantec had built up interest by that stage in Q& A (but not yet shipped it), and because the low price for the utility would not be initially attractive to the dealer channel until demand had been built up. Turner felt that the product should be marketed under a unique brand name. Turner and Gordon E. Eubanks, Jr., then chairman of Symantec Corporation, agreed to form a new division of Symantec, and Eubanks delegated the choice of name to Turner. Turner chose the name Turner Hall Publishing, to be a new division of Symantec devoted to publishing third- party software and hardware.

The objective of the division was to diversify revenues and accelerate the growth of Symantec. Turner chose the name Turner Hall Publishing, using his last name and that of Dottie Hall (Director of Marketing Communications) in order to convey the sense of a stable, long established, company. The Turner Hall division also marketed the card as a standalone product.

Turner Hall's third product, also a 1- 2- 3 add- in was SQZ! The popularity of these products, while contributing a relatively small portion of revenues to Symantec, conveyed the impression that Symantec was already a diversified company, and indeed, many industry participants were under the impression that Symantec had acquired Turner Hall Publishing. In 1. 98. 7, Byers recruited Ted Schlein into the Turner Hall Product Group to assist in building the product family and in marketing. Revenues from Q& A, and from Symantec's early launch into the international marketplace, combined with Turner Hall Publishing, generated the market presence and scale that enabled Symantec to make its first merger/acquisition, in February 1. Breakthrough Software, maker of the Time. Line project management software for DOS.

Because this was the first time that Symantec had acquired a business that had revenues, inventory and customers, Eubanks chose to change nothing at Break. Through Software for six months, and the actual merger logistics started in the summer of 1. Turner being appointed by Eubanks as general manager of the Time. Line business unit, Turner was made responsible for the successful integration of the company into Symantec and ongoing growth of the business, with P& L. There was a heavy emphasis placed on making the minimum disruption by Eubanks and Turner.

Soon after the acquisition of Time. Line/Breakthrough Software, Eubanks reorganized Symantec, structuring the company around product- centric groups, each having its own development, quality assurance, technical support and product marketing functions, and a General Manager with profit and loss responsibility. Sales, finance and operations were centralized functions that were shared.

This structure lent itself well to Symantec's further growth through mergers and acquisitions. Eubanks made Turner general manager of the new Time. Tutorial Gef Graphical Editing Framework Meaning on this page. Line Product Group, and simultaneously of the Q& A Product Group, and made Tom Byers general manager of the Turner Hall Product Group.

Turner continued to build and lead the company's international business and marketing for the whole company. At the Time. Line Product Group, Turner drove strong marketing, promotion and sales programs in order to accelerate momentum. By 1. 98. 9 this merger was very successful—product group morale was high, Time. Line development continued apace, and the increased sales and marketing efforts applied built the Time.

Line into the clear market lead in PC project management software on DOS. Both the Q& A and Time. Line product groups were healthily profitable.

The profit stream and merger success set the stage for subsequent merger and acquisition activity by the company, and indeed funded the losses of some of the product groups that were subsequently acquired. Eubanks also recruited Bob Dykes to be Executive Vice President for Operations and Finance, in anticipation of the upcoming IPO. In July 1. 98. 9 Symantec had its IPO. In May 1. 99. 0 Symantec announced its intent to merge with and acquire Peter Norton Computing, a developer of various utilities for DOS.

Turner was appointed as product group manager for the Norton business, and made responsible for the merger, with P& L responsibility. Ted Schlein was made product group manager for the Q& A business. The Peter Norton group merger logistical effort began immediately while the companies sought approval for the merger, and in August 1. Symantec concluded the purchase—by this time the combination of the companies was already complete. Symantec's consumer antivirus and data management utilities are still marketed under the Norton name. At the time of the merger, Symantec had built upon its Turner Hall Publishing presence in the utility market, by introducing Symantec Antivirus for the Macintosh (SAM), and Symantec Utilities for the Macintosh (SUM).