Symantec to Sell Application Performance Management Business to Vector Capital

They're Baack! Veritas bought Precise Software who was at one point in time one of the best APM vendors in the market. Then Symantec bought Veritas. In the course of these two acquisitions, the Precise product line lost product focus, sales focus and marketing focus, and has lagged the industry as a result.

Now Precise exists again - proving that some people believe that the APM problem is still unsolved (I agree). We will just have to see what changes in strategy will be brought about by a newly independent and focused APM entity with serious venture capital backing.

Bernd Harzog
CEO
APM Experts
bernd.harzog@apmexperts.com