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Telstra adds one million mobile services, but Sensis plummets

Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.

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Symantec said to be in talks for Veritas

IT Industry - Development

Symantec, the software company that produces the Norton line of computer security and maintenance products, is in advanced talks to acquire Veritas Software, a maker of data backup and storage programs, for more than $13 billion, executives close to the negotiations said yesterday.

The New York Times says (13 Dec.) that the deal, which could be announced as early as this week, would create a huge competitor in the software industry that would be a one-stop shop for products to fight a wide range of threats to personal computers and corporate networks. If successfully completed, it would represent one of the largest software mergers. The paper says the negotiations, which have gone on for more than a month, are almost complete, but they cautioned that several outstanding issues remained unresolved and that it was possible that the talks could collapse.

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