Vendors That Survived the Recession: 2009 Dire Predictions Revisited

  • By

    Lawrence Walsh

    | Posted 2009-12-28

11. Symantec
Demise Prediction Rate: 12%
January 2009 Market Cap: $12.26 billion
December 2009 Market Cap: $14.61 billion

Unfocused and disjointed are words that some people use to describe Symantec, but not vulnerable. Despite Microsoft’s deeper push into the security market, the reawakening of McAfee and the onslaught of challenges by smaller rivals, Symantec is stable and growing stronger. It’s making much use of its Vontu and Altiris acquisitions, and has finally harmonized its security legacy with its Veritas storage business. Symantec is a company that buys others; it won’t be bought (at least easily).

>> CHECK OUT the original "Dire Predictions" list by clicking here

Lawrence Walsh Lawrence Walsh is editor of Baseline magazine, overseeing print and online editorial content and the strategic direction of the publication. He is also a regular columnist for Ziff Davis Enterprise's Channel Insider. Mr. Walsh is well versed in IT technology and issues, and he is an expert in IT security technologies and policies, managed services, business intelligence software and IT reseller channels. An award-winning journalist, Mr. Walsh has served as editor of CMP Technology's VARBusiness and GovernmentVAR magazines, and TechTarget's Information Security magazine. He has written hundreds of articles, analyses and commentaries on the development of reseller businesses, the IT marketplace and managed services, as well as information security policy, strategy and technology. Prior to his magazine career, Mr. Walsh was a newspaper editor and reporter, having held editorial positions at the Boston Globe, MetroWest Daily News, Brockton Enterprise and Community Newspaper Company.

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