Symantec Corporation

Symantec Corporation

Symantec Corporation

Date Founded



350 Ellis St Mountain View, CA, 94043, United States

Type of Company


Employees (Worldwide)



Computer Software
IT Consulting & Services

Company Description

Symantec Corp. engages in the provision of security, storage, and systems management solutions. It operates through Enterprise Security and Consumer Digital Safety segments. The Enterprise Security segment focuses on the provision of solutions to protect organizations so they can securely conduct business while leveraging new platforms and data. The Consumer Digital Safety segment provides solutions to protect information, devices, networks and the identities of consumers. The company was founded by Gary Hendrix in April 1982 and is headquartered in Mountain View, CA.

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Executives & Employees

Interim President & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Executive Vice President, General Counsel & Secretary

Senior Vice President, Chief Marketing Officer

Interim Chief Marketing Officer

Senior Vice President & Chief Information Officer

Senior Vice President & Chief Human Resources Officer

Senior Vice President, General Manager of Network Protection Products

Senior Vice President & General Manager, Enterprise Security

Senior Vice President & General Manager, Cloud Security

Board of Directors

President & Chief Executive Officer at PayPal Holdings, Inc.

Interim President & Chief Executive Officer at Symantec Corporation

Managing Partner & Managing Director at Silver Lake Management Co. LLC

Former Managing Director & Head-Transformation Management at Citigroup, Inc.

Senior Vice President, Worldwide Indirect Sales at HP, Inc.

President at Kilovolt Consulting, Inc.

Chief Executive Officer & Director at comScore Inc.

Symantec Corporation

Managing Director at Bain Capital Private Equity LP

Portfolio Manager & Head of Research at Starboard Value LP

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Symantec Corporation
Owners & Shareholders
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Starboard Value invests primarily, although not exclusively, in the securities of small-cap (generally $50 million to $1 billion) US public companies they believe are deeply undervalued by the marketplace and likely to experience a significant appreciation in value as a result of operational improvements or a change in ownership, corporate direction or management or improved corporate governance. Starboard Value is an activist firm and is included in the SharkWatch50 as one the 50 most prominent activist investors.

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FMA utilizes a research driven, fundamental, value-oriented strategy for selecting investments. In choosing equity investments, the firm focuses on the market price of a company's securities relative to their evaluation of the company's asset value, including an analysis of book value, cash flow potential, long-term earnings and multiples of earnings of comparable securities of both public and private companies. Each investment is analyzed separately and there are no set criteria as to specific value parameters, asset size, earnings or industry type. Using a value-oriented strategy, each of the firm's funds invests mainly in undervalued stocks that are trading at a discount to their intrinsic value. To a lesser extent, their funds also invest in restructuring or distressed companies. FMA's funds are not limited to pre-set maximums governing the size of the companies in which they may invest. They invests the equity portion of its portfolio predominantly in mid- and large-cap companies, with the remaining portion of its equity portfolio in smaller companies.

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CIGI generally seeks to invest in companies that are building economic value. Such companies generally have Healthy cash flows, strong balance sheet, leading industry or niche position, proven management, and good future growth prospects. This bottom-up approach involves intensive fundamental analysis of each portfolio holding, using a variety of techniques that examine the value and growth characteristics of a company. CIGI typically looks for attractive investment opportunities in all segments of the market. Portfolios are constructed using a combination of quantitative and qualitative analysis, including an analysis of a company's earnings, management, growth rate, and valuation relative to historical norms and competitors. This process is designed to identify attractive companies offering growth at a potential discount.

Recent Transactions
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Symantec Corporation purchases Luminate Security Ltd. from U.S. Venture Partners, Aleph Venture Capital

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Symantec Corporation purchases Appthority, Inc. from Venrock Associates, U.S. Venture Partners, Correlation Management LLC, ForgePoint Capital

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Symantec Corporation purchases Javelin Networks, Inc. from Hillsven LLC, UpWest Labs Management LLC

Transaction Advisors
Legal Advisor

Advised onSymantec Corporation purchases VERITAS Software Corp.


Advised onSymantec Corporation purchases AXENT Technologies, Inc.

Legal Advisor

Advised onSymantec Corporation purchases AXENT Technologies, Inc.

Legal Advisor

Advised onSymantec Corporation purchases VERITAS Software Corp.

Legal Advisor

Advised onSymantec Corporation purchases VERITAS Software Corp.


Advised onSymantec Corporation purchases VERITAS Software Corp.

Advisors & Consultants

Vice President, Chief Accounting Officer & Corporate Controller at Adobe, Inc.

Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC

Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC


Wolters Kluwer enables legal, tax, finance, and healthcare professionals to be more effective and efficient. We provide information, software, and services that deliver vital insights, intelligent tools, and the guidance of subject-matter experts. We create value by combining information, deep expertise, and technology to provide customers with solutions that improve their quality and effectiveness. Professionals turn to us when they need actionable information to better serve their clients. Our 175+ years of history stretch across many geographies and areas of expertise. Our revenue is spread globally with 6% coming from fast-growing, emerging markets, 44% from Europe, and 50% from North America.

Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.

AfroCentric Investment Corp. Ltd. operates as an investment holding company. It operates through the following segments: Healthcare SA, Healthcare Retail, Healthcare Africa, and Information Technology. The Healthcare SA segment consists of medical scheme administration and health risk management services in South Africa. The Healthcare Retail segment refers to pharmaceutical sales and services from the WAD Acquisition. The Healthcare Africa segment provides all healthcare services outside of South Africa such as Botswana, Kenya, Namibia, Zimbabwe, Swaziland, and Mauritius. The Information Technology segment refers to all information technology services predominantly in South Africa. The company was founded by Michael Ivan Sacks and Jacob Meyer Kahn in 2006 and is headquartered in Johannesburg, South Africa.

Key Stats and Financials As of 2019
Market Capitalization
Total Enterprise Value
Earnings Per Share
Enterprise Value Sales
Enterprise Value EBITDAOperating
TEVNet Income
Debt TEV
Net Profit
Total Equity
Total Debt
Three Year Compounded Annual Growth Rate Of Revenue
Five Year Compounded Annual Growth Rate Of Revenue
Non-Profit Donations & Grants
$100K - $250K
$25K - $100K
$1 - $999
Political Donations
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DigiCert, Inc. provides certification of Transport Layer Security and Secure Sockets Layer, and cryptographic protocols that provide communications security over the Internet. It offers enterprise security solutions with authentication and encryption via managed PKI and digital certificates for enterprise and the Internet of Things. The company was founded by Ken Bretschneider in 2003 and is headquartered in Lehi, UT.

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Veracode, Inc. engages in the provision of software security solutions. It offers greenlight, static analysis, software composition analysis, dynamic analysis, application security platform, developer training, and vendor application security testing. Its services include application security consulting, technical support, manual penetration testing, developer training, security program management, third-party security, and veracode services packages. The company was founded by Christopher Wysopal, Jeffrey Lyle Fagnan, Matthew P. Moynahan, Christien Rioux and Michael Pittenger in 2006 and is headquartered in Burlington, MA.

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Mocana Corp. develops security software solutions. It mobilizes enterprise data and protects millions of the smart connected devices that comprise the Internet of Things. The firm's enterprise mobile app security platform provides organizations with an easy way to deliver business-critical mobile apps, with a end user experience, tap-and-go simplicity and strong security, for internal and external users. It also unlocks the extended mobile enterprise and simplifies wide-scale deployments by securing apps automatically, in seconds. The company was founded by Adrian Turner and James Andrew Blaisdell in 2002 and is headquartered in San Francisco, CA.

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Co-Founder & Chief Executive Officer at Sentinel Labs, Inc.

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Founder at HICCup

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Principal at Water Street Capital, Inc.

Genpact Ltd. Other Business & Consulting Services | Hamilton, HA

A global leader in business process and technology management, Genpact is the company of choice for clients, partners and employees across the world. With many pioneering firsts to its credit Genpact has always led the way in powering the intelligent enterprises to outperform. Genpact, a global leader in business process management services, uses process to help its clients power intelligence across their enterprise to run smarter operations, make smarter decisions and use smarter technology. Genpact’s Smart Enterprise Processes (SEPSM) framework, its unique science of process combined with deep domain expertise in multiple industry verticals, leads to superior business outcomes. Genpact’s Smart Decision Services deliver valuable business insights to its clients through targeted analytics, reengineering expertise, and advanced risk management. Making technology more intelligent by embedding it with process and data insights, Genpact also offers a wide range of technology services. We began in 1997 as a business unit within GE and this lineage has contributed to our deep understanding of process. Starting first with the business of GE Capital and then expanding scope across GE businesses, to providing business process management capabilities that delivered outstanding business impact for the company. Over a sustained 14-year period, Genpact has been the key provider of business process and technology management services to GE and they continue to be a significant Genpact client. In January 2005, Genpact became an independent company to bring our process expertise and unique DNA in Lean Six Sigma to clients outside the GE family. In August 2007, Genpact was listed on the NYSE under the symbol ‘G’. Driven by a passion for process innovation and operational excellence built on its Lean and Six Sigma DNA and the legacy of serving GE for more than 15 years, the company’s 60,500+ professionals around the globe deliver services to its more than 600 clients from a network of 74 delivery centers across 20 countries supporting more than 30 languages. Genpact has been an early mover in the industry and a pioneer in many of the areas that have given strength to the concept of Business Process Management. From the first to introduce Six Sigma for Process Transitions to the first to build a Science of Process Management (SEPSM), Genpact has always led the way, and in the process helped our clients outperform

NIIT Ltd. Other Business & Consulting Services | Gurgaon, HA

NIIT Ltd. engages in the provision of education and training services. It offers group corporate learning group, skills, careers, and school learning. The company was founded by Rajendra Singh Pawar, Parappil Rajendran and Vijay Kumar Thadani on December 2, 1981 and is headquartered in Gurgaon, India.

SolarWinds, Inc. Internet Software & Services | Austin, Texas

Since our founding in 1999, SolarWinds’ (NYSE: SWI) mission has been to provide purpose-built products that are designed to make IT professionals’ jobs easier. We offer value-driven products and tools that solve a broad range of IT management challenges – whether those challenges are related to networks, servers, applications, storage or virtualization. We distinguish ourselves by refusing to accept the status quo established by most other enterprise software vendors. Face it: The vast majority of IT management tools today are difficult to use, expensive, and really do not address the realities of today’s real-world IT management challenges. Sadly, IT pros have resigned themselves to accept this as just another part of the job. But we do not think enterprise software has to be as complicated as its made out to be. At SolarWinds, we are fanatical about putting our users first in everything we do. We strive every day to deliver powerful functionality that is easy to use with one of the fastest and longest lasting ROIs in the market. Our approach is to deliver "unexpected simplicity" and redefine the expectations IT Pros have for enterprise software. Simply put, we work to: Eliminate the complexity found in traditional enterprise software – making it easier to find, buy, deploy and maintain. Connect with our community – using daily interactions with our large, global user community to guide our product development and strategy. Constantly evolve our products – ensuring that our software is on point to meet the most important problems that IT Pros have today, and continues to deliver increasing value over the lifetime of ownership. Our company was built by network and systems engineers who know what it takes to manage today’s dynamic IT environments. They combined this expertise with a deep connection to the IT community to create IT management products that are effective, accessible and easy to use. The result? IT management software that works for you – and that delivers on our promise of "unexpected simplicity.

Dell Technologies, Inc. Computer Hardware - Round Rock, TX

Dell Technologies, Inc. is a holding company, which engages in the provision of information technology hardware, software, and service solutions through its subsidiaries. It operates through the following segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. The CSG segment consists of sales to commercial and consumer customers of desktops, thin client products, and notebooks. The VMware segment provides compute, cloud management, networking and security, storage and availability, and other end-user computing offerings. The company was founded by Michael Saul Dell in 1984 and is headquartered in Round Rock, TX.

Microsoft Corporation Computer Software - REDMOND, WA

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. Its products includes operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; and video games. It also offers personal computers, tablets, gaming and entertainment consoles, other intelligent devices, and related accessories. It operates through the following business segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing. The Productivity and Business Processes segment is comprised of products and services in the portfolio of productivity, communication, and information services of the company spanning a variety of devices and platform. The Intelligent Cloud segment refers to the public, private, and hybrid serve products and cloud services of the company which can power modern business. The More Personal Computing segment encompasses the products and services such as windows operating system, devices, gaming platform, and search engines. The company was founded by William Henry Gates III in 1975 and is headquartered in Redmond, WA.

FireEye, Inc. Computer Software - Milpitas, CA

FireEye, Inc. operates as a intelligence-led security company, which engages in the intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber attacks. It operates through the following geographical segments: United States; EMEA; APAC; and Other. Its solutions include Enterprise Security; Managed Security; Threat Intelligence; and Industry Solutions. The company was founded by Ashar Aziz in February 2004 and is headquartered in Milpitas, CA.

Awards & Honors
Rank #400
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #400
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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