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.

View: The full story @ vnunet



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(1 reply) Quote this comment Reply to this comment #1 Posted by thenonhacker on 12 Jun 2008 - 12:38
Another upcoming bloated web-page interface Backup software, only from Symantec.
Quote this comment #1.1 Posted by excalpius on 12 Jun 2008 - 20:04
The owners of SwapDrive are dancing a jig right now. They had an overpriced business model in an industry that Google and MS are going to OWN in a year or so (for FREE or damn near to it) and they pocketed millions for selling what is essentially a server farm with a synchronizing front end - in other words, programming APIs 101. Pathetic.
Quote this comment Reply to this comment #2 Posted by +Ficman on 12 Jun 2008 - 13:04
(3 replies) Quote this comment Reply to this comment #3 Posted by ir0nw0lf on 12 Jun 2008 - 13:45
BetaNews has a much better article with more pricing info in it. My heart nearly jumped out of my chest when I saw the prices:

BetaNews Article

The aspect of these services that has already been harshly criticized is the accompanying price tag. Through Backup.com, a 50 GB backup package costs $449.50 annually for each individual. Small businesses can expect to pay upwards of $2,500 for a 300 GB backup package. With SwapDrive, the prices are even steeper: For the single user, $500 annually buys a mere 2 GB of online storage; multi-user/business accounts pay $2,800 yearly for only 10 GB.
Quote this comment #3.1 Posted by travelcard on 12 Jun 2008 - 14:16
I agree that those are shocking prices. I use Carbonite which works out at about $49 a year. It's very good too - set and forget.
Quote this comment #3.2 Posted by Jugalator on 12 Jun 2008 - 15:43
I think they're priced for executives who look at high costs and think "god damn, that software must be good!"
Quote this comment #3.3 Posted by excalpius on 12 Jun 2008 - 19:54
At THOSE prices, they'd better be using the information in those files for some serious corporate blackmail or something.
Quote this comment Reply to this comment #4 Posted by Screaming Slave on 12 Jun 2008 - 14:58
After all this company has been through, I'm amazed to see them still alive and churning out products. I would never trust my data with them, but I do know a few "satisfied" customers. Hope they [Symantec] get their **** together so everyone can trust them again.
Quote this comment Reply to this comment #5 Posted by ahhell on 12 Jun 2008 - 15:09
I wouldn't use any of their crap software, why in the hell would I trust them with my data?!?!?!?
(1 reply) Quote this comment Reply to this comment #6 Posted by C_Guy on 12 Jun 2008 - 15:11
Ha ha ha, oh Symantec, why are you even trying anymore?
Quote this comment #6.1 Posted by kaiwai on 12 Jun 2008 - 15:36
(C_Guy said @ #6)
Ha ha ha, oh Symantec, why are you even trying anymore?


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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