BANGALORE:  Symantec, an infrastructure solutions provider, and Huawei Technologies, a telecom network solutions provider, have entered into a strategic partnership to form a joint venture company that will develop and distribute security and storage appliances to global telecommunications carriers and enterprises.

The joint venture will help carriers and enterprises balance increasing performance and availability requirements with system security and data integrity by offering security and storage, appliances that are easy to implement and maximize value to customers, sources said.

Ren ZhengFei, chief executive officer, Huawei. “The partnership with Symantec is part of Huawei’s All IP and FMC Fixed mobile convergence strategy “ said Ren ZhengFei, CEO, Huawei, “ Network security will definitely form the foundation as telecom networks migrate toward an All IP environment.The partnership will enable us not only to provide leading network security solutions to carriers, but also to deliver professional security and storage solutions to enterprises, helping our customers build a safer and more efficient network.”

The new company will be headquartered in Chengdu, China, with Huawei owning 51 percent of the joint venture and Symantec owning 49 percent. Huawei will contribute its telecommunications storage and security businesses including its integrated supply chain and integrated product development management practices.  Additionally, the new company will have access to Huawei’s intellectual property licenses, research and development capabilities, manufacturing expertise and engineering talent, which includes more than 750 employees.

CIOL Bureau