36 Facts About Symantec Corporation

NortonLifeLock Inc, formerly known as Symantec Corporation is an American software company headquartered in Tempe, Arizona, United States.

Symantec Corporation has development centers in Pune, Chennai and Bangalore.

In 1984, it became clear that the advanced natural language and database system that Symantec Corporation had developed could not be ported from DEC minicomputers to the PC.

Turner chose the name Turner Hall Publishing, to be a new division of Symantec Corporation devoted to publishing third-party software and hardware.

In May 1990, Symantec Corporation announced its intent to merge with and acquire Peter Norton Computing, a developer of various utilities for DOS.

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Peter Norton group merger logistical effort began immediately while the companies sought approval for the merger, and in August 1990, Symantec Corporation concluded the purchase—by this time the combination of the companies was already complete.

Symantec Corporation had already begun the development of a DOS-based antivirus program one year before the merger with Norton.

Symantec Corporation exited this business in the late-1990s as competitors such as Metrowerks, Microsoft and Borland gained significant market share.

In 1996, Symantec Corporation was alleged of misleading financial statements in violation of GAAP.

Symantec Corporation was succeeded in April 2009 by the company's long-time Symantec executive Enrique Salem.

Under Salem, Symantec Corporation completed the acquisition of Verisign's Certificate Authority business, dramatically increasing their share of that market.

In 2009, Symantec Corporation released a list of the then "100 dirtiest websites", which contain the most malware as detected by Norton Safe Web.

Symantec Corporation said that sales and marketing "had been high costs but did not provide quality outcomes".

In March 2014, Symantec Corporation fired Steve Bennett from his CEO position and named Michael Brown as interim president and chief executive.

In July 2016, Symantec Corporation introduced a product to help carmakers protect connected vehicles against zero-day attacks.

The Symantec Corporation Anomaly Detection for Automotive is an IoT product for manufacturers and uses machine learning to provide in-vehicle security analytics.

In November 2016, Symantec Corporation announced its intent to acquire identity theft protection company LifeLock for $2.

In May 2018, Symantec Corporation initiated an internal audit to address concerns raised by a former employee, causing it to delay its annual earnings report.

In September 2018, Symantec Corporation announced that three nominees of Starboard were joining the Symantec Corporation board, two with immediate effect and one following the 2018 Annual Meeting of Stockholders.

Symantec Corporation will continue to focus on security, while a new company will be established focusing on information management.

In May 2013, Symantec Corporation announced they were discontinuing the PC Tools line of internet security software.

Symantec Corporation purchased the online messaging and Web security provider for about $695 million in cash.

Symantec Corporation sold the SSL unit to Digicert for US$950 million in mid 2017.

Symantec Corporation stated that the acquisition would add to its information governance products, allowing customers to store information on-premises, in Symantec Corporation's data centers, or both.

In May 2014 Symantec Corporation acquired NitroDesk, provider of TouchDown, the market-leading third-party EAS mobile application.

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In 2017, Symantec Corporation acquired LifeLock Inc ; this, in turn, prompted the company to rename itself to its current name.

In January 2012, James Gross filed a lawsuit against Symantec Corporation for distributing fake scareware scanners that purportedly alerted users of issues with their computers.

Symantec Corporation hired a digital forensics expert to back up this claim.

Symantec Corporation denied the allegations and said that it would contest the case.

Symantec Corporation settled a $11 million fund and the case was dismissed in court.

Symantec Corporation confirmed that it was part of the code that had been stolen earlier, and that the leak included code for 2006 versions of Norton Utilities, pcAnywhere and Norton Antivirus.

In February 2015, Symantec Corporation was found guilty of two counts of patent infringement in a suit by Intellectual Ventures Inc and ordered to pay $17 million in compensation and damages, In September 2016, this decision was reversed on appeal by the Federal Circuit.

Symantec Corporation has since reported implementing Certificate Transparency for all its SSL Certificates.

Above all, Google has insisted that Symantec Corporation execute a security audit by a third party and to maintain tamper-proof security audit logs.

Google said Symantec Corporation failed to comply with industry standards and could not provide audits showing the necessary documentation.

Mozilla Firefox planned to distrust Symantec Corporation-issued certificates in Firefox 63, but delivered the change in Firefox 64 .