Symantec buys storage company PowerQuest

FRAMINGHAM (09/24/2003) - Symantec Corp. on Tuesday announced plans to acquire storage management vendor PowerQuest Corp. to help bolster its server and desktop management software.

While the companies would not disclose the value of the deal, Symantec plans to integrate PowerQuest's disk imaging, provisioning, storage management services and disaster recovery technologies into its software for Active State Management.

Symantec says that Active State Management, which helps businesses maintain the state of their server, desktop and storage resources, is critical to a well-functioning business.

PowerQuest markets storage management products that include VolumeManager, PartitionMagic Professional and Server Management. These products let users add storage, move storage around, delete it and recover it if necessary. The company also provides imaging and deployment software and system migration software, which Symantec will add to its portfolio.

PowerQuest was founded in 1993 and is based Orem, Utah. Whether PowerQuest would become a separate subsidiary of Symantec is unknown. The company had investigated sources of financing including private placement and acquisition.

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