Symantec 2006 Annual Report Download - page 3

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Fiscal 2006 was a solid year for Symantec and positioned us to extend our leadership into
the new fi scal year. Admittedly, though, the year was not without its challenges. The tough
headwinds of strengthening currencies around the world, an evolving threat environment,
and our own business plan execution missteps were just some of the issues we faced dur-
ing the course of the year.
When our stockholders voted overwhelmingly in June 2005 to approve Symantec’s merger
with Veritas in June 2005, the size, scope, and reach of our company changed dramatically.
We instantly became the market leader in storage and backup software, otherwise known
as availability, which complements our market leadership in enterprise and consumer secu-
rity. Equally important, through the merger we have realized our goal of providing a more
complete solution for customers who want to better protect their digital assets and their
online experiences. We have seen this market need developing for several years now, and
we have taken steps to build or acquire key technologies to meet that need.
Combining two large and complex companies is a tremendous undertaking, and thousands
of man hours have gone into the planning and implementation process. That hard work
is paying off, and today our company is well positioned for the changing competitive land-
scape in the overall software industry. Together, we are now One Company, One Team
working to help our customers protect their digital assets and IT infrastructure.
THE NEW SYMANTEC
So, who is the “new” Symantec? We are the recognized leader in several key industry
segments, including storage management, backup and recovery software, secure content
management, and consumer security, to name just a few. Our software protects more
than 370 million computers or email accounts worldwide, and 99 % of the Fortune 1000 uti-
lize Symantec products. We believe we have one of the strongest and deepest portfolios
of intellectual property in our industry. And our nearly 16,000 employees around the world
are complemented by one of the most extensive networks of partners in the industry.
This strong organization is backed by our unique Global Intelligence Network, which gath-
ers data on emerging threats and new sources of risk from more than 24,000 sensors in
180 countries worldwide. Our network tracks vulnerabilities in more than 30,000 technolo-
gies, operating systems, and application product versions from more than 4,000 vendors.
And we see more than 25 percent of the world’s email. In short, we believe our insight and
intelligence around the connected world is unsurpassed.
1SY M AN T EC ANNUAL REPORT 2 0 0 6