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Veritas Rebounds: Page 2 of 2

Veritas execs spoke positively about the acquisitions made this quarter, of KVS Inc. in particular, though that company won't be adding to revenues substantially for another 12 to 18 months (see No Brainer: Veritas Buys KVS).

On the downside, analysts pounded away at the reduction in SAN management sales, one even questioning whether the slowdown pokes a hole in Veritas's hopes for achieving market share in the larger arena of utility computing (see Veritas Regroups). To all of it, Bloom insisted that the large-deal dropoff was part of the typical ebb and flow of revenue in the storage market.

Another question came up about Veritas's relationship with Cisco Systems Inc. (Nasdaq: CSCO), but Bloom said that the partnership is still too young and he's "not sure how it will play out."

Mary Jander, Site Editor, Byte and Switch