Splitting operations made sense for HP and Symantec and is now a path that security player AccessData Group is going down with the firm dividing into two entities.
The split comes into effect from the start of next year and adds more weight to the growing trend in returning to some form of specialisation after years of consolidation and wider portfolios being the norm.
The decision by AccessData Group to split comes after the firm took the view that a separation would provide more flexibility and give the two operations the chance to make more ground in their chosen areas of expertise.
“The rapidly changing security landscape accelerated our plans to separate the two companies and aggressively pursue opportunities to extend our industry leadership. The split enables each company with the focus, flexibility, independence, and resources to innovate and solve enterprises’ most vexing challenges," said Tim Leehealey, chairman and CEO of AccessData Group.
Resolution1 Security will be run out of a Californian HQ but it is setting up offices in the UK and Germany to cover Europe and is being headed by CEO Brian Karney.
“Our business has grown as has the interest and adoption by major companies and enterprises. The split comes at an optimal time for our company to realise its full potential and advance incident resolution for unsurpassed response speed, certainty and incident intelligence," said Karney.
The Group assured partners and customers that the split would not have any adverse impact on existing accounts, services or support.