Symantec CEO Sees Much Larger Role for SaaS

CIOs think of Symantec as a company that buys its way into new markets. Over the past decade the Cupertino, California, vendor has snatched up about 30 companies as it's evolved from an antivirus and tools seller to an aspiring enterprise infrastructure vendor.
But longtime CEO John Thompson retired in April, handing over his job to Enrique Salem, who says he wants to run a more focused company that spends less energy on acquisitions and more on integrating existing products. And Salem sees software-as-a-service (SaaS) playing a much larger role in the next few years.
Source: Computerworld