Report: Symantec exploring company split

Symantec Corp. is exploring a breakup, according to people with knowledge of the matter, joining other large technology companies that are trying to make their businesses more focused and nimble, Bloomberg reports.

The Mountain View, California-based software company is reportedly in late-stage talks to split its business into two entities, one selling security programs and the other data storage.

The company currently has a market value of $16 billion, according to Bloomberg.

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