Network Computing is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Huawei-Symantec JV Rumored

Symantec is calling Chinese media reports of a Symantec-Huawei joint venture "rumor and speculation."

"It's all just rumor and speculation, which we don't comment on," said Symantec spokesperson Genevieve Haldeman. "Apparently, [Chinese media outlets] are writing a lot of stuff without checking with either company."

A Huawei spokesperson had not responded to requests for comment at press time.

Today's Beijing-based China Daily reports that Huawei, whose joint venture with 3Com just ended with 3Com's buyout of Huawei's stake for $882 million, is close to finalizing a joint-venture arrangement with Symantec. (See On 3Com's Storage Trail.)

Presumably, the deal would mirror the one that created Huawei-3Com (H3C) before its reabsorption by 3Com. That deal produced a range of products, including a series of enterprise iSCSI systems called Neocean that are sold in China. 3Com says there are no plans to resell them in the U.S.

  • 1