"It's almost like a perfect storm," said Jane Li, general manager of Huawei Symantec's North American market. "Our products have reached a mature stage and have been proven again and again. And the U.S. economy is ready to pick up again."
Huawei Symantec is a joint venture established two years ago by Huawei Technologies of Chengdu, China, and the security and storage management software vendor Symantec, of Mountain View, Calif. Symantec owns a 49 percent share of the joint venture with the rest owned by Huawei.
The deal is a "watershed event" for both companies, says Robert Amatruda, a storage industry analyst at IDC.
"It really represents a new route to market [for Symantec], which really relies on licensed and packaged data protection software. And Huawei is really looking to move upmarket beyond just selling boxes, and a partnership with Symantec is really positive," says Amatruda.