Why Symantec Is Exploring a Breakup

The video discusses the trend of company splits, driven by shareholder pressure for efficiency and profitability. It highlights the impact of the Vera TOS acquisition on the storage business, noting its significant contribution to revenue despite management issues. The challenges in the cybersecurity market, with competitors like Fire Eye, are explored, alongside the difficulties in the storage business due to pricing pressures. The video concludes with a discussion on innovation and security concerns, pointing out Symantec's struggles to remain competitive.

What is the main reason companies like eBay and HP are splitting?

• To increase their workforce

• To become more efficient and profitable

• To reduce their product lines

• To expand into new markets

What was one of the outcomes of the Vera Tos acquisition?

• Increased competition

• Higher storage costs

• Reduction in workforce

• Share buybacks and dividend payments

What challenge did the company face after acquiring Vera Tos?

• Increased production costs

• Decreased market share

• Frequent CEO changes

• Lack of innovation

Why has Symantec not emerged as a dominant player in cybersecurity?

• High pricing of services

• Inability to monetize effectively

• Lack of focus on storage business

• Limited product offerings

What criticism is Symantec facing in the cybersecurity industry?

• Not being as innovative as competitors

• Overpricing their products

• Lack of customer support

• Limited geographical presence