Symantec Chief Executive John Thompson said on Tuesday that he doesn't plan to make another large acquisition, pointing to the July 2005 purchase of Veritas Software for about $10 billion. Instead, he said, future deals are more likely to beor smaller. That transaction closed in April and was valued at about $970 million.
"You should expect us to do things that are more like that," he told a small group of reporters at a roundtable discussion with company executives in New York. "That's certainly the benchmark of a deal that we think very highly of." He said that there are no active deals under consideration. "Having said that, we are a very acquisitive company," he added.