Symantec Corp.s (Nasdaq: SYMC) pending acquisition of Veritas Software Corp. (Nasdaq: VRTS) hasnt dampened Veritass appetite for buying companies. While waiting for the Symantec deal to close, Veritas quietly bought DataCenter Technologies Inc. (DCT), a Belgium-based archiving software startup.
Veritas did not respond to inquiries about the deal, but sources say it was completed at least two weeks ago, and engineers from DataCenter attended the Veritas Vision user show in San Francisco this week as Veritas employees.
DataCenter gives Veritas products to tap into the compliance market, which IDC forecasts will generate more than $20 billion in IT spending by 2009 (see IDC: Compliance Market to Pass $20B).
DataCenter late last year released DC-Protect, a software-only version of its archiving appliance. DC-Protect reduces backup time and network traffic by separating metadata from the content of each file in the storage pool. DataCenters other product, Content Director, archives content-addressed storage (CAS) or fixed content -- documents that will not change once they are stored.
Its not certain how Veritas will integrate the new technology, but it has several options. Taneja Group
analyst Brad ONeill speculates Veritas can use DataCenters software as a competitor to online backup vendor Avamar Inc., or to compete with CAS products from EMC Corp. (NYSE: EMC), Hewlett-Packard Co. (NYSE: HPQ), and startups Archivas Inc. and Permabit Inc.