VERITAS, #1 storage software company, out of the blue, is sold to Symantec, the #1 in security software. The combined company will be fourth largest software company in the world, after Microsoft, Oracle and SAP. The name will be Symantec, and VERITAS brand will have to go, as the holding ratio is 60:40. Anyways, VERITAS is a combination of ~10 companies bought over in the last 15 years, so it _is_ a case of big fish vs small fish. Anything that goes around, comes around.
According to many Veritians, there may not be much synergy in VERITAS and Symantec, but the new company looks more palatable to some folks. Now instead of trying to buy SAP, Bill the whale can try to eat this Symantec fish which has a $13.5 billion fat tummy?