Huawei-Symantec, the joint venture between Huawei and Symantec, has effectively stopped trading and is leaving the United States. This follows the US government's blockade of several of its acquisitions, including parent Huawei's deal to snap up 3Leaf Systems, which it sought to acquire in May 2010 for $2m and its attempted …
I think businesses leaving the United States is a good sign. You will see more of that in the coming years.
The USA has the most horrible rules, including forcing companies with departments in the USA to take away privacy from customers outside of the USA. Then they are trying to take over the internet by exploiting their power over the .com tld.
If businesses stop working there, their economy will take a hit. Hopefully that will open some of their eyes.
It's a case of the product just not selling in the USA
The issue was never cost, the product is competitive but also take into consideration that the U.S.A. doesn't really trust Chinese manufactured IT kit, remember when IBM sold Llenovo to the Chinese? That absolutely killed the legendary ThinkPad off within the U.S. government departments.
Whilst Huawei-Symantec branded storage has been quite successful in the Asian and African markets, it's still battling to gain a foothold in the European markets
The reasons are fairly academic, it's neither a well know or trusted brand and there are plenty of established and reputable storage vendors doing business in the West.
No biggie, Huawei-Symantec will thrive, just not in the U.S.A. and perhaps not in Europe either
Note: I worked for (on of the) H-S's UK distributors and the general consensus in the UK is "we don't know the brand (irrespective of the Symantec suffix) and we prefer to deal with those we know and trust in regards to support"
Are you their CEO or something?
They left because they weren't allowed to purchase other businesses, all your other stuff is sales speak for everything is fine but we're leaving.
Also never heard of the venture before and never been offered products from them by any of our channel resellers.
So what happens to all of the NetBackup and Puredisk appliances? Are they being discontinued?
No it seems you are going to be supported by some overseas workers so errr...good luck with that one.
US gov blocking acquisitions under the pretext of security
> Huawei-Symantec .. has effectively stopped trading and is leaving the United States.
I wonder what really happened?
> US regulators wouldn't approve the buyout of H-S by Huawei unless H-S in the USA was closed down, seemingly trading off US jobs against xenophobia about China.
It's a matter of security. any technology given to a chinese company is effectively giving that technology to the chinese government which isn't exactly a friend to the west. Remember, the chinese still have nukes pointed at you. They're doing nothing to reign in North Korea and Iran and they just vetoed a security council resolution that would have stopped the genocide in Syria.
Well - *Somebody* has to stop the doo-gooders and the "world improvers" from spreading the kind of freedom and democracy that drops from bomb-bays or drones! Elections cannot do it!!
The Netbackup/Puredisk appliances are now manufactured by other parties. Support for those appliances is direct with Symantec - as was the support for the H-S appliances.