Despite solid storage growth and the positive impact of the Altiris acquisition, Symantec may also face a looming challenge in the security area, according to TBR analyst Grady. (See Google Plucks Postini and Google Acquires Postini.) "We believe that Google's recent acquisition of Postini will position the company to compete against Symantec in the security as a service (SaaS) market in 2008," wrote Grady, explaining that the search giant is likely to build security features into Gmail and Google Apps. "We believe that as the two companies reach for new market opportunities with small and medium business, Symantec will soon find itself in competition with Google."
In early trading today, Symantec's shares rose 20 cents (1 percent) to $20.26.
Rivka Little, Special to Byte and Switch, and James Rogers, Senior Editor, Byte and Switch
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