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02.05.2008 - Huawei and Symantec Commence Joint Venture

View Symantec related news. CUPERTINO, Calif. and SHENZHEN, China - Feb. 5, 2008 - Symantec Corp. (Nasdaq: SYMC) and Huawei Technologies Co., Ltd. (Huawei) today announced that they have commenced their joint venture, which was announced in May 2007. The new company will develop and distribute world-leading security and storage appliances to global telecommunications carriers and enterprises. The transaction has satisfied all closing conditions, received all required government and regulatory approvals and officially closed on Feb. 5, 2008.

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NID: 20330 / Submitted by: TACKtech Team
Categories: Press Release
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