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Veritas Software - Definition and Overview |
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Veritas-logo.png
Veritas Software logo
Veritas Software Corporation (NASDAQ: VRTS (http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VRTS&selected=VRTS)) is an international software company founded in 1989 as Tolerant Systems and headquartered in Mountain View, California. This company specializes in storage management software including the first commercial journaling file system, VxFS, the personal/small office backup software Backup Exec and the popular enterprise backup software NetBackup.
Veritas is listed on the S&P 500 and the NASDAQ-100.
On December 16, 2004, Veritas and Symantec announced their plans for a merger. With Veritas valued at $13.5 billion, it will be the largest software industry merger to date.
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