Huawei Symantec Technologies Co., Ltd. () was a developer, producer and supplier of network security, storage and

computing Computing is any goal-oriented activity requiring, benefiting from, or creating computer, computing machinery. It includes the study and experimentation of algorithmic processes, and the development of both computer hardware, hardware and softw ...

solutions The

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

, owned 51% by

Huawei Huawei Technologies Co., Ltd. ("Huawei" sometimes stylized as "HUAWEI"; ; zh, c=华为, p= ) is a Chinese multinational corporationtechnology company in Longgang, Shenzhen, Longgang, Shenzhen, Guangdong. Its main product lines include teleco ...

and 49% by Symantec, was headquartered in

Chengdu Chengdu; Sichuanese dialects, Sichuanese pronunciation: , Standard Chinese pronunciation: ; Chinese postal romanization, previously Romanization of Chinese, romanized as Chengtu. is the capital city of the Chinese province of Sichuan. With a ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

History

*2000:

started R&D in the security technology field; Symantec is a provider of

antivirus Antivirus software (abbreviated to AV software), also known as anti-malware, is a computer program used to prevent, detect, and remove malware. Antivirus software was originally developed to detect and remove computer viruses, hence the name ...

and

security Security is protection from, or resilience against, potential harm (or other unwanted coercion). Beneficiaries (technically referents) of security may be persons and social groups, objects and institutions, ecosystems, or any other entity or ...

software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...

*2004: Huawei started R&D in storage technology field *2005: Symantec acquires

Veritas Software Veritas Technologies LLC is an American international data management company headquartered in Mountain View, California, Santa Clara, California. The company has its origins in Tolerant Systems, founded in 1983 and later renamed Veritas Softwa ...

, manufacturer of information lifecycle management software *2007 (May): Huawei and Symantec sign an agreement for the establishment of a

in order to provide end-to-end solutions in the domain of converging network, security, and storage and computing technologies. *2008 (February): Huawei Symantec was established. *2012 (March): Huawei acquires the 49% of shares held by the Symantec Corporation at a price of about 530 million U.S. dollars or 3.4 billion yuan.

Technological convergence and R&D

Huawei Symantec is a holder of more than 300

patent A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an sufficiency of disclosure, enabling discl ...

s in storage and network security field, and about 30 of them were accepted as formal technological standards. Huawei Symantec's technologists participate in various standardization organizations, including holding

chair A chair is a type of seat, typically designed for one person and consisting of one or more legs, a flat or slightly angled seat and a back-rest. It may be made of wood, metal, or synthetic materials, and may be padded or upholstered in vario ...

and vice-chair posts. More than 50% of employees are engaged in research and development activities with labs located in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

Shenzhen Shenzhen is a prefecture-level city in the province of Guangdong, China. A Special economic zones of China, special economic zone, it is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of Guangdong ...

Hangzhou Hangzhou, , Standard Mandarin pronunciation: ; formerly romanized as Hangchow is a sub-provincial city in East China and the capital of Zhejiang province. With a population of 13 million, the municipality comprises ten districts, two counti ...

, and in

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

Acquisition by Huawei

On November 14, 2011, Beijing Time, Huawei and Symantec reached an agreement on a transaction where Huawei acquired Symantec's 49% stake in Huawei Symantec Technologies Co., Ltd. (Huawei Symantec) for US$530 million. Upon closing the agreement gave Huawei full ownership of Huawei Symantec. Huawei Symantec and Symantec Corporation are two separate entities.

References

External links

* {{Huawei, phones=yes, tablets=yes, laptops=yes, wearables=yes, cpu=yes, os=yes, services=yes, people=yes, other=yes, below=yes 2008 establishments in China 2008 establishments in California 2012 disestablishments in California Software companies established in 2008 Software companies disestablished in 2012 Companies based in Chengdu Chinese-foreign joint-venture companies History of Huawei