Symantec Quotes

iDefense’s competitive prospects weren’t looking so hot either. The day Watters showed up at iDefense, its closest competitor, a start-up called SecurityFocus, was scooped up by Symantec, the security giant, for $75 million in cash. Like iDefense, SecurityFocus offered clients an early cyber threat alert system, in the form of a hacker mailing list called BugTraq.

There are countless examples of software companies that have successfully made the shift to subscriptions and subsequently driven higher valuations and more shareholder value: IBM, Symantec, Sage, HP Enterprise, Qlik.