Symantec and Huawei prep storage and security JV

Wednesday, 25 April 2007, 12:27 AM EST

Huawei Technologies will set up a joint venture with US security software maker Symantec Corp, a bold return into the $40-billion network security and data storage sector for China's top telecom equipment maker.

The two firms are close to finalizing a deal, which could be announced as early as May, a source familiar with the negotiations said.

At China Daily.

[ Read more ]




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