SIIA: An Introduction to Symantec
Charlie Rice, Corporate Development
Cautionary Note Regarding Forward Looking Statements
• This presentation may include predictions, estimates or other information that is not a statement of historical fact that might be considered forward-looking. Reference is made in particular to forward-looking statements regarding projections of our future financial performance, capital resources, anticipated growth and trends in our business and in our industries, the anticipated impact of acquisitions, potential stock repurchases and other characterizations of future events. While these forward-looking statements represent our current judgment on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. Additional information concerning these risks and uncertainties can be found in our most recent periodic reports filed with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements and please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements.
Symantec Corporation - Proprietary
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Symantec Overview
Founded in 1982, IPO in 1989 More than 18,000 employees in more than 40 countries Joined Fortune 500 list at #461 in 2008 World’s 4th largest independent software company
Serves 99% of the Fortune 1000
71% enterprise revenue More than 50 million active consumers $5.94 billion in revenue in FY08 Invest 15% of annual revenue into R&D
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60,000 partners in 40 countries
Symantec Corporation - Proprietary
Our Mission
Secure
Your Informationdriven world More RISKS & POINTS
Manage
More COMPLETELY & EFFICIENTLY
Symantec Corporation - Proprietary
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Consumers and Businesses Want to Reduce Risks
• Define and Enforce Policies • Standardize and Automate • Keep Bad Things Out • Keep Good Things In
Your Informationdriven world
• Ensure Regulations & Governance
• Keep Systems Up • Enable Rapid Recovery
Symantec Corporation - Proprietary
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Control Complexity
Infrastructure
• Multiple platform and tools • Physical and virtual • Endpoint complexity
Information
• Increasing data • Different value and sensitivity • Structured and unstructured • Managed and unmanaged
Process
• Increasing cost and complexity • Manual processes • Growing regulation and governance
Symantec Corporation - Proprietary
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Business Snapshot
Services 7% Consumer 29%
Security and Compliance 28%
APAC 14%
Storage and Server Management 36%
EMEA 33%
Americas 53%
Symantec Corporation - Proprietary
Symantec’s M&A History
1990
PC Desktop Protection
1998
PC Desktop Storage
2000
Enterprise Security
2002
Global Intelligence & Managed Services
2003
Enterprise Security & Application Mgmt
2004
Message Mgmt & Archiving
2005
Availability & Compliance
2006
End Point Compliance & Data Center Mgmt
2007-8
Lifecycle Management DLP Virtualization SaaS
Peter Norton Computing
Symantec Corporation - Proprietary
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Current Strategy
Symantec’s Five Engines of Growth
1 2 3 4 5
Grow our core/franchise businesses at, or above, market growth rate - Security, data protection, and storage management Scale high growth businesses to contribute to top-line growth - Data loss prevention, archiving, compliance, and consumer services Seed longer term growth by exploiting emerging trends - Software-as-a-Service and virtualization Grow faster than the market in the world’s fast-growing economies - Eastern Europe, Russia, Middle East, Latin America, India, China
Use acquisitions to complement our portfolio growth strategy
Symantec Corporation - Proprietary
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Strategic Context: Software Growth Trending to 8-9% Growth Per Year
Software Annual Market Growth (%)
Total vs. Subset, 1995 – 2011
60%
Year-over-Year Revenue Growth
50% 40% 30% 20% 10% 0% -10%
Total Software
Security, Storage and Systems and Network Management Software
20 00
20 02
19 96
19 98
20 06
20 08
20 04
20 10
Source: IDC, 2008
Symantec Corporation - Proprietary
Our Franchise Businesses
Category
Consumer Security
Market CAGRs 2007-2011
7% 6% 7% 5% 12% 17% 20% 37% 93%
Core Businesses
Endpoint Security Data Protection Storage Management Consumer Services Messaging Security
High Growth Businesses
Compliance Archiving Data Loss Prevention
Sources: IDC, Gartner
Symantec Corporation - Proprietary
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SaaS Strategy and MessageLabs Transaction
Symantec SaaS: Current SPN Offerings
Online Backup
Alternative to packaged backup software and storage; enables customers to protect desktops & servers online
Online Storage
Alternative to off‐site tape storage; enables customers to replicate data to Symantec
Remote Access
Beta Sept 08
Alternative to remote control software; enables customers to connect to other PCs
Backup Exec
Symantec Corporation - Proprietary
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Symantec and MessageLabs: A Winning Combination
MessageLabs Brings: Symantec Brings:
• Market leadership in the high • Market leadership in the high growth message and web security growth message and web security areas areas • Global infrastructure with 14 data • Global infrastructure with 14 data centers and SaaS expertise centers and SaaS expertise • A platform to protect, control, • A platform to protect, control, encrypt and archive email, web encrypt and archive email, web and instant messaging and instant messaging
• Market leadership in key software • Market leadership in key software markets such as DLP, archiving, markets such as DLP, archiving, storage, compliance, and storage, compliance, and managed endpoints managed endpoints • Global presence to expand • Global presence to expand geographically through up-sell geographically through up-sell and cross-sell opportunities and cross-sell opportunities • Financial resources to accelerate • Financial resources to accelerate innovative hybrid offerings innovative hybrid offerings
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Symantec Corporation - Proprietary
Symantec and MessageLabs: Market Leaders in Messaging Security
Worldwide Messaging Security Market Share by Vendor, 2007 Worldwide Hosted Service Market Share by Vendor, 2007
Together, 2X the nearest competitor
Source: IDC Symantec Corporation - Proprietary
Acquiring the market leader in Hosted Messaging Security
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