The technology industry is driven by change and innovation. This has been Veeam’s mantra for the past decade, but not all vendors feel the same way. Some fear innovation, and they will go to great lengths to stifle this in others, especially when it poses a risk to their revenue stream.
This is why, back in 2012, Symantec tried to disrupt our momentum because its legacy physical backup products could not compete with Veeam's innovative approach to delivering Availability solutions for the Always-On Enterprise. Symantec initiated two separate lawsuits in the U.S. District Court in the Northern District of California — the first lawsuit was filed in February 2012 and the second in October 2012 — claiming that Veeam’s products infringed upon several of Symantec's data storage, restore and backup patents.
I won’t dwell on the specific nuances of the case — you can read all the details in our press release — but we stood our ground and fought the case, investing a significant amount of time and money to challenge these allegations over the past four years, and I am delighted that the federal court and the United States Patent and Trademark Office (USPTO) have vindicated Veeam’s innovative approach to delivering Availability solutions for the Always-On Enterprise.
This type of legal action is not unheard of. It is commonplace that vendors attempt to disrupt a competitor’s business and is particularly common when legacy vendors fear innovation and try to protect their traditional revenue streams. But Veeam won’t be bullied!
For the last decade, we have continued to challenge the status quo in developing Availability solutions for a new era, a highly virtualized, cloud-first environment, where businesses need to deliver 24.7.365 services to users across the globe. Symantec feared this and made a vain attempt to stop us, but we cannot be pushed around. Our victory is not just a victory for Veeam, but is one for all innovators, and that’s why I am particularly pleased at this result and wish to thank our customers and partners for their support during this case.
Be assured, Veeam’s innovation will not be stopped!