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Tag Archives: Michael Brown

Richard Ledgett, Christopher Painter, Michael Brown Named Palo Alto Networks Advisers

Palo Alto Networks (NYSE: PANW) has added Richard Ledgett, former deputy director at the National Security Agency, and Christopher Painter, former top cybersecurity official at the State Department, to its public sector advisory council to help shape the company’s cyber strategy and offer advice on security and technological needs of …

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Symantec Closes $5.3B Veritas Sale to Carlyle Group; Michael Brown Comments

A group of investors led by Carlyle Group (Nasdaq: CG) has closed its nearly $5.3 billion acquisition of Veritas from Symantec Corp. (Nasdaq: SYMC). Symantec’s board of directors expects to return $4 billion in accelerated share repurchases and additional capital return to shareholders by the end of March 2017, Symantec …

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Symantec, Carlyle Group Modify Proposed Veritas Deal’s Value, Terms

The Carlyle Group (Nasdaq: CG) will pay $7.4 billion to acquire Symantec (Nasdaq: SYMC) subsidiary Veritas under amended financial terms of a proposed acquisition deal the parties expect to close Jan. 29. Symantec and Carlyle previously announced an $8 billion purchase price for the data management business. Michael Brown, Symantec president and CEO, …

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Reports: Symantec Talks Potential Veritas Sale to Carlyle Group for $8B

Symantec (Nasdaq: SYMC) and private equity firm Carlyle Group are discussing the potential $7 billion to $8 billion sale of the former’s Veritas data storage business unit, Bloomberg reported Wednesday. Alex Sherman, Kiel Porter and Jordan Robertson write that negotiations on the potential deal’s terms are still underway. Sources told Bloomberg that interested …

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Big Data Everywhere Conference Hosted by MapR and Teradata

On May 12 MapR Technologies and Teradata will host a one-day conference at The Sheraton, Tysons Corner, VA. to discuss the Hadoop platform and its surrounding technologies. The event will run from 8:00 AM – 6:30 PM with full breakfast, lunch, and late afternoon networking cocktail reception provided. The “Big Data Everywhere” …

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Michael Brown: Symantec to Separate Security, Info Mgmt Businesses

Symantec (NASDAQ: SYMC) plans to split its security and information management businesses into two independent,  publicly-traded firms by the end of December 2015. “It has become clear that winning in both security and information management requires distinct strategies, focused investments and go-to market innovation, ” Michael Brown, president and CEO of Symantec, said …

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Michael Brown Appointed Full-Time CEO at Symantec; Dan Schulman Comments

Michael Brown, interim president and CEO of Symantec (NASDAQ: SYMC), has been confirmed for the chief executive role on a full-time basis by the board of directors after six months as acting CEO. Brown was selected through an executive search process performed by a special committee within the board alongside search firm Russell Reynolds, Symantec said Thursday. “[He] demonstrated …

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