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 Gen Digital co-headquarters in Tempe, Arizona | |
| Formerly |
|
|---|---|
| Company type | Public |
| Industry | Software |
| Founded | March 1, 1982 in Sunnyvale, California, U.S. |
| Founder | Gary Hendrix |
| Headquarters | |
Area served | Worldwide |
Key people |
|
| Products | Cybersecurity software |
| Brands | |
| Services | Computer security |
| Revenue |  US$3.81 billion (2024) |
| US$1.12 billion (2024) | |
| US$616 million (2024) | |
| Total assets | US$15.8 billion (2024) |
| Total equity | US$2.20 billion (2024) |
Number of employees | c. 3,400 (2024) |
| Website | www |
| Footnotes / references Financials as of March 29, 2024[update].[1] | |
Gen Digital Inc. (formerly Symantec Corporation and NortonLifeLock Inc.) is a multinational software company co-headquartered in Tempe, Arizona and Prague, Czech Republic. The company provides cybersecurity software and services. Gen is a Fortune 500 company and a member of the S&P 500 stock-market index. The company also has development centers in Pune, Chennai and Bangalore. Its portfolio includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner.
On October 9, 2014, Symantec declared it would split into two independent publicly traded companies by the end of 2015. One company would focus on security, the other on information management. On January 29, 2016, Symantec sold its information-management subsidiary, named Veritas, and which Symantec had acquired in 2004,[2] to The Carlyle Group.[3] On August 8, 2019, Broadcom announced they would be acquiring the Enterprise Security software division of Symantec for $10.7 billion.[4] After the acquisition, Symantec became known as NortonLifeLock.[5][6] After completing its merger with Avast in September 2022, the company adopted the name Gen Digital.[7]
- ^ "FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. May 16, 2024. pp. 10, 42–43.
- ^ Bray, Chad (August 11, 2015). "Carlyle Group and Other Investors to Acquire Veritas Technologies for $8 Billion". The New York Times. ISSN 0362-4331. Retrieved April 21, 2020.
- ^ Kuranda, Sarah (January 29, 2016). "Partners Cheer the Official Closing Date of Symantec Split". CRN. Retrieved February 21, 2016.
- ^ Novet, Jordan (August 8, 2019). "Broadcom acquires Symantec's enterprise business for $10.7 billion". Retrieved February 5, 2024.
- ^ Kan, Michael (November 6, 2019). "Symantec Becomes NortonLifeLock". Retrieved February 6, 2024.
- ^ Avalos, George (January 15, 2020). "Cyber-security firm, headquarters moved to Arizona, selling 10 California buildings". Press Enterprise. Retrieved May 23, 2020.
- ^ Scroxton, Alex (November 8, 2022). "NortonLifeLock, Avast debut new 'Gen' identity". ComputerWeekly.com. Retrieved November 16, 2022.