Veritas Technologies Corporation will be the name of Symantec’s independent information management company

Veritas Technologies Corporation. That would be the name of Symantec's independent publicly traded

information management company, which will be created following the completion of the previously announced separation into two companies. The US-based firm also revealed a new logo for Veritas.

According to Michael A. Brown, Symantec’s CEO, “Veritas remains a powerful brand that still has tremendous equity with our customers, partners and employees, and after careful review it was an easy choice as the name for our information management business”.

The new logo design was influenced by the concepts of open, heterogeneous technologies that are required to harness the power of information, principles that are core to the future strategy of the new Veritas Technologies Corporation.

The new Veritas name and logo represent an established market leader, serving 75% of the Fortune 500 with a broad range of products that include backup and recovery software and appliances, storage management, clustering, disaster recovery, archiving and eDiscovery solutions.

Symantec announced its plans to pin its security and information management (IM) businesses in October, 2014. The firm reported security business revenues of US$4.2bn and IM business revenues of US$2.5bn in fiscal year 2014.