SYMC Profile
Symantec Corporation (SYMC) is a technology company specializing in cybersecurity solutions for businesses and consumers. The company was founded in 1982 and is headquartered in Mountain View, California.
Symantec's core business is focused on providing cybersecurity software and services to businesses, governments, and individual consumers. The company offers a wide range of cybersecurity solutions, including endpoint security, cloud security, network security, and threat intelligence services. These solutions are designed to protect against a variety of cyber threats, such as malware, ransomware, phishing attacks, and more.
Symantec has a large customer base, serving organizations across a range of industries, including healthcare, financial services, retail, and government. The company has partnerships with a number of leading technology companies, including Microsoft, Amazon Web Services, and IBM.
In addition to its cybersecurity offerings, Symantec also provides digital safety solutions for consumers. The company's Norton brand provides antivirus, identity theft protection, and other security software for personal computers and mobile devices.
Symantec has faced a number of challenges in recent years, including increased competition in the cybersecurity market and a decline in revenue from its consumer business. In 2019, the company announced plans to sell its enterprise security business to Broadcom Inc. for $10.7 billion. The sale was completed in November 2019, and Symantec has since rebranded its remaining consumer business as NortonLifeLock.
Overall, Symantec is a leading player in the cybersecurity market, with a strong reputation for providing reliable and effective security solutions. However, the company faces ongoing challenges in a rapidly evolving and competitive industry.
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