Slide 1: Delivering Information Security and Availability
Delivering Information Security and Availability
Slide 2: Forward-Looking Statement
Forward-Looking Statement This presentation contains forward-looking statements, including forecasts of market growth, future revenue, benefits of the proposed merger, and expectations that the merger will be accretive to Symantec's results and other matters that involve known and unknown risks, unc
Slide 3: Where to Find Additional Information
Where to Find Additional Information Symantec Corporation has filed a registration statement on Form S-4 containing a definitive joint proxy statement/prospectus in connection with the merger transaction involving Symantec and VERITAS Software Corporation. We urge investors and security holders to r
Slide 4: Strategic Rationale
Strategic Rationale
Slide 5: i) Symantec. Access
i) symantec. Access
Slide 6: Balance Access and Risk with Return on Investment
Balance Access and Risk with Return on Investment Network Application Database OS/Server Storage ACCESS Complexity Risk Availability CIO Balance Security Threats Compliance Business Continuity Performance Security Clients
Slide 7: CIO Priorities: Security and Storage
CIO Priorities: Security and Storage CIO Priorities Reduce IT Cost and Complexity 81% make reducing overall complexity a top priority 70% are looking for a significant payoff from emerging technologies Almost half continue to focus on cost reductions as a top priority Focus on Revenue Generating Pro
Slide 8: Information Security and Information Availability Must Converge
Information Security and Information Availability Must Converge Automation Performance Availability Applications Servers Storage Security Convergence Network
Slide 9: Industry Leaders Driving Convergence
Industry Leaders Driving Convergence Driving Convergence Leading Provider of Availability Software Information Availability + = Information Security Leading Provider of Security Software
Slide 10: Category Leadership - Uniquely Positioned to Drive Convergence
Category Leadership - Uniquely Positioned to Drive Convergence Storage Software Backup & Recovery Storage Management Vulnerability Mgmt Secure Content Mgmt Security Software Leadership Source: Gartner, IDC Industry leader across all major security and availability categories
Slide 11: Leadership Positions in Large and Growing Markets
1) Source: IDC, 2004. 2) Security Services includes data for U.S. Consulting, Management Services and Education and Training market segments. 3) DBMS Management Software includes data for Data Movement and Replication and Data Management Facilities market segments. Leadership Positions in Large and
Slide 12: Competitive Advantages
Competitive Advantages Broad category leadership #1 market share in 6 market segments Unique scale and scope No hardware agenda Strong financial position Large and growing addressable markets Uniquely positioned to drive convergence Competitive Advantage
Slide 13: Integration Update
Integration Update
Slide 14: Integration Priorities
Integration Priorities Sustain business momentum Deliver on cost synergies Facilities Procurement Headcount redundancies Seize near-term revenue opportunities Communicate product strategy and roadmap to customers Priorities
Slide 15: Product Integration Plans
Phase III Months 12+ New information integrity management solutions based on shared technology Applications compliance and performance optimization solutions Convergence of integration platforms Seamless support infrastructure Seamless licensing management Product Integration Plans Product Plans Pha
Slide 16: Sales and Channel Integration Planning
Sales and Channel Integration Planning Four-pronged approach to winning in the marketplace Leverage key account relationships and identify cross-selling opportunities Leverage Symantec resellers to expand VERITAS presence in mid-market Leverage online capabilities into mid-market and enterprise acco
Slide 17: Integration Summary
Integration Summary Infrastructure integration plans People Process Systems Announced leadership in every area of the organization Cost synergies identified Outlined product plans Identified early sales opportunities Finalized sales coverage model Integration Summary Ready to Go, Day 1!
Slide 18: Financials
Financials
Slide 19: Financial Metrics
Financial Metrics* Pro forma revenue expectation of $5 billion for FY06 Related operating expenses expected to be 55% of revenue Expect cost synergies of $100 million to be realized in the first 12 months Non-GAAP EPS is expected to be $0.99, excluding the amortization of deal-related intangibles, t
Slide 20: Recent Announcements
Recent Announcements Share Repurchase Symantec Board authorized the repurchase of an additional $3 billion Effective from close of the merger through March 31, 2006 Expected to be accretive to non-GAAP $0.99 earnings per share forecast VERITAS 1Q05 Reported revenue of $559 million compared to median
Slide 21: June Quarter Guidance
June Quarter Guidance Symantec 1Q06 Forecast Revenue between $700 - $720 million GAAP earnings per share of $0.23 at the mid-point of revenue guidance Non-GAAP earnings per share* of $0.25 at the mid-point of revenue guidance VRTS June Quarter Guidance: Revenue between $500 - 540 million GAAP earnin
Slide 22: Thank You
Thank You
Slide 23: Symantec's Reconciliation of non-GAAP to GAAP: Quarter View
Symantec's Reconciliation of non-GAAP to GAAP: Quarter View Symantec Reconciliation
Slide 24: VERITAS Reconciliation of non-GAAP to GAAP: Quarter View
VERITAS Reconciliation of non-GAAP to GAAP: Quarter View VERITAS Reconciliation The non-GAAP financial measures provided herein exclude the impact of non cash charges related to acquisitions, such as the amortization of developed technology, amortization of intangibles, in-process research and devel