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Presentation
Webcast (zipped)

Webcast held on July 29, 2009. One hour.

In September 2004, Veritas Software purchased KVS for its email archiving product, Enterprise Vault. Veritas merged with Symantec, and thus the product is now Symantec’s Enterprise Vault, the market-leading archiving software.

In this webcast, we discuss the Veritas/KVS acquisition with:

  • Nigel Dutt, KVS’s co-founder and Chief Technology Officer
  • Mike Hedger, former CEO of KVS
  • J.R. Ahn, former Senior Director, Veritas

Topics include:

  • KVS’s history
  • KVS’s motivations for being acquired
  • Veritas’ motivations for the acquisition
  • How the negotiations took place
  • Terms of the transaction
  • What went well
  • What was more difficult than anticipated
  • Lessons learned

Webcast 822.

Speakers

  • Nigel Dutt, KVS’s co-founder and Chief Technology Officer. Nigel has more than 35 years of experience in software engineering, design, and technical leadership with a variety of computer manufacturers. Before starting KVS in 1999, he worked for 15 years at Digital Corporation (later Compaq) in the Enterprise Software Products Group. As a consulting engineer and the group’s technical director, Nigel had overall responsibility for the technical strategy and architecture of the company’s office and email products. He retired from full-time work
    in 2005.
  • Mike Hedger, CEO of KVS from just after its inception in December 1999 to its acquisition by Veritas in September 2004. Mike has been active in both publicly traded and investor-backed IT companies for 30 years. Before KVS, he was Executive Vice President of Forte, based in California. His early background was in hardware and software sales with IBM, Wang, Ingres, and Oracle. He is currently a successful chairman who has helped grow several other software companies.
  • J.R. Ahn, Senior Director, Veritas. Currently Vice President of Corporate Development at NetApp, J.R. previously held executive management roles at Veritas and managed the integration planning activities related to Symantec-Veritas merger. He has 15 years of experience in business strategy, operations, mergers and acquisitions, and post-merger integration. Before Veritas, he handled due diligence and post-acquisition integration efforts for Amazon.com’s Corporate Development group and held various consulting/advisory, business development, and finance/accounting positions at firms such as Ernst & Young and Smith Barney.
  • David Ferris, Senior Analyst, Ferris Research. A technology analyst since 1991, David got into computer science research at Stanford University while working on a Ph.D. in philosophy. He wrote the first syndicated column in the computer industry and has since written hundreds of articles and bulletins and co-authored three books. Initially focusing on messaging technologies, David recently expanded his areas of knowledge to include compliance, archiving, content control, e-discovery, and data leak protection. He is frequently quoted in the technology and business press.
  • Mike Stackpoole, Financing and M&A Analyst, Ferris Research. Mike has been involved in business sales and acquisitions for over 20 years. He assists companies making an acquisition or sale, beginning with initial strategic considerations, identifying potential purchasers or buy targets, and helping throughout the ensuing process, including negotiations, due diligence, and legal aspects. Mike is a U.K. Chartered Accountant (CPA equivalent). After business school he worked with KPMG and PWC. For the past 15 years, he has been a partner in a boutique corporate finance advisor firm.

Who Should Attend?

This event is suitable for:

  • Vendor management and business development staff
  • Venture, angel, and institutional investors
  • IT professionals interested in emerging technology
  • Vendor product managers interested in emerging technology

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