There feels like there is a disconnect between all the activity and disruption in the information security sector and Symantec which has been quietly sitting on the sidelines. $SYMC shares have been trending steadily down for the last seven years.
But information security and storage have been red hot the last year or two. Even the IPO market is welcoming for InfoSec companies. Imperva ($IMPV) was a huge success and AVG $AVG did okay. Now we have ProofPoint, Palo Alto Networks and Splunk on the way.
It’d be one thing if SYMC was innovating and coming out with new products to take advantage of the growth in mobile device security, network security management, and authentication — but they haven’t.
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