Huawei Symantec
{{Infobox company
| name = Huawei Symantec Technologies Co. Ltd.
| logo = Huawei Symantec Logo.jpg
| native_name = {{lang|zh-Hans-CN|华为赛门铁克科技有限公司}}
| type = Joint venture
| industry = Information technology
| fate = Symantec's stake acquired by Huawei
| founded = {{Start date and age|2008|02}}
| founder = {{Unbulleted list
}}
| defunct = {{End date|2012|03}}
| hq_location_city = Chengdu
| hq_location_country = China
| key_people = {{Unbulleted list
|Ren Zhengfei (CEO)
|Tad Lebeck (CTO)
}}
| products = Network security, storage and computing solutions
| owners = {{Unbulleted list
|Huawei (51%)
|Symantec (49%)
}}
| parent = {{Unbulleted list
}}
| website = {{URL|http://www.huaweisymantec.com/en/|www.huaweisymantec.com}}
}}
Huawei Symantec Technologies Co., Ltd. ({{zh|s=华为赛门铁克科技有限公司|p=Huáwéi Sàiméntiěkè Kējì Yǒuxiàn Gōngsī}}) was a developer, producer and supplier of network security, storage and computing solutions
The joint venture, owned 51% by Huawei and 49% by Symantec, was headquartered in Chengdu, China.{{cite news|first=Mary |last=Jander |title=Huawei & Symantec Make It Official |url=http://www.byteandswitch.com/document.asp?doc_id=124680 |work=Byte and Switch |date=2007-05-23 |access-date=14 February 2009 |archive-url=https://archive.today/20090214080816/http://www.byteandswitch.com/document.asp?doc_id=124680 |archive-date=14 February 2009 |url-status=dead }}{{cite web|url=http://www.huaweisymantec.com/en/contact.do |title=Contact Us – Huawei Symantec |access-date=2009-02-14 |work=Huawei Symantec |archive-url=https://web.archive.org/web/20080820024948/http://www.huaweisymantec.com/en/contact.do |archive-date=2008-08-20 |url-status=usurped }}
History
- 2000: Huawei started R&D in the security technology field; Symantec is a provider of antivirus and security software
- 2004: Huawei started R&D in storage technology field
- 2005: Symantec acquires Veritas Software, manufacturer of information lifecycle management software
- 2007 (May): Huawei and Symantec sign an agreement for the establishment of a joint venture in order to provide end-to-end solutions in the domain of converging network, security, and storage and computing technologies.{{cite news |first=Lynn |last=Tan |title=Huawei, Symantec forge joint venture |url=http://www.zdnetasia.com/news/communications/0,39044192,62014933,00.htm |work=ZDNet |publisher=CBS Interactive |date=2007-05-22 |access-date=14 February 2009 |archive-url=https://web.archive.org/web/20100302192058/http://www.zdnetasia.com/news/communications/0,39044192,62014933,00.htm |archive-date=2 March 2010 |url-status=dead }}
- 2008 (February): Huawei Symantec was established.{{cite news |date=2007-12-21 |title=Huawei, Symantec joint venture gets EU go-ahead |url=http://www.china.org.cn/english/business/236487.htm |url-status=dead |archive-url=https://web.archive.org/web/20110604031222/http://www.china.org.cn/english/business/236487.htm |archive-date=4 June 2011 |access-date=14 February 2009 |work=Xinhua News Agency}}
- 2012 (March): Huawei acquires the 49% of shares held by the Symantec Corporation at a price of about 530 million U.S. dollars or 3.4 billion yuan.{{cite web |title=Huawei – Symantec, broken join venture and the fear on chinese firms |url=http://securityaffairs.co/wordpress/3666/intelligence/huawei-symantec-broken-join-venture-and-the-fear-on-chinese-firms.html |access-date=2013-04-22}}{{cite news |last1=Perlroth |first1=Nicole |last2=Markoff |first2=John |date=2012-03-26 |title=Symantec Dissolves a Chinese Alliance |url=https://www.nytimes.com/2012/03/27/technology/symantec-dissolves-alliance-with-huawei-of-china.html?_r=1& |access-date=2013-04-22 |work=The New York Times}}
Technological convergence and R&D
Huawei Symantec is a holder of more than 300 patents in storage and network security field, and about 30 of them were accepted as formal technological standards.{{cite web |url=http://www.huaweisymantec.com/en/pub/issue/simpleres.do?id=1076&type=abouthw |first=Peng |last=Xinchun |title=Huawei Symantec: A Pilot of Storage and Network Security Solutions in the Information Era |access-date=2009-02-14 |work=Huawei Symantec |archive-url=https://web.archive.org/web/20110712230415/http://www.huaweisymantec.com/en/pub/issue/simpleres.do?id=1076&type=abouthw |archive-date=2011-07-12 |url-status=usurped }} Huawei Symantec's technologists participate in various standardization organizations, including holding chair and vice-chair posts.{{cite web|url=http://www.slideshare.net/sansernl/corporate-briefing-of-huawei-symantec-2008-presentation |title=Corporate Briefing Of Huawei Symantec (2008) |access-date=2009-02-14 |work=Huawei Symantec |date=2008 |archive-url=https://web.archive.org/web/20091105234407/http://www.slideshare.net/sansernl/corporate-briefing-of-huawei-symantec-2008-presentation |archive-date=2009-11-05 |url-status=dead }} More than 50% of employees are engaged in research and development activities with labs located in Beijing, Shenzhen, Hangzhou in China, and in India.{{cite web|url=http://www.huaweisymantec.com/en/intr.do |title=Huawei Symantec Overview |access-date=2009-02-14 |work=Huawei Symantec |archive-url=https://web.archive.org/web/20110712230429/http://www.huaweisymantec.com/en/intr.do |archive-date=2011-07-12 |url-status=usurped }}
Acquisition by Huawei
On November 14, 2011, Beijing Time, Huawei and Symantec reached an agreement on a transaction where Huawei acquired Symantec's 49% stake in Huawei Symantec Technologies Co., Ltd. (Huawei Symantec) for US$530 million.{{cite web |url=http://www.symantec.com/about/news/release/article.jsp?prid=20111114_03|archive-url=https://web.archive.org/web/20111123204953/http://www.symantec.com/about/news/release/article.jsp?prid=20111114_03|url-status=dead|archive-date=November 23, 2011|title=Huawei Acquires Symantec Stake in Huawei Symantec Joint Venture|access-date=2011-12-02 |work=Symantec}} Upon closing the agreement gave Huawei full ownership of Huawei Symantec. Huawei Symantec and Symantec Corporation are two separate entities.
References
{{Reflist}}
External links
- {{usurped|1=[https://web.archive.org/web/20080820024941/http://www.huaweisymantec.com/en/ Official website]}}
{{-}}
{{Huawei|phones=yes|tablets=yes|laptops=yes|wearables=yes|cpu=yes|os=yes|services=yes|people=yes|other=yes|below=yes}}
Category:2008 establishments in China
Category:2008 establishments in California
Category:2012 disestablishments in California
Category:Software companies established in 2008
Category:Software companies disestablished in 2012
Category:Companies based in Chengdu