Symantec has acquired online backup company SwapDrive for an estimated $123m (£63m), say reports. SwapDrive offers a secure online service to consumers and small businesses that want to upload and store information which can be retrieved at any time from any device.Many companies already offer online backup services, including EMC (which acquired online backup provider Mozy last year), HP, IBM and Microsoft, as well as dedicated online backup providers such as Iron Mountain.
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Reminds me of when they bought Veritas; I wonder why they even bought it considering that encarnations of Solaris and a few other *NIX's have improved their OS's over all, to the point that they don't need to licence Veritas technology. I can't believe people still purchase 'security suites' either; if you're going to get infected, you'll get infected. Its interesting that those who do get infected - have virus checkers (when I worked at an ISP). Believe me, 2000 volts through the system everytime the user opens up an attachment from an unknown source, or running an application from a dodgy website - would fix their bad habits.
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