One company will focus on security and the other on information management, Symantec said.
The reported plans are in line with similar strategies announced by Hewlett-Packard and eBay
The company is trying to reverse a decline with the slide of the PC market, and the interim CEO, Michael Brown, was the best candidate.
A single product, Norton Security, can be used across Windows, OS X, Android and iOS.
Both security vendors said they can still sell to Chinese government agencies
Offensive Security said the flaws could be used to gain full system access. Symantec is investigating the matter.
NitroDesk specializes in securing and managing corporate data in bring-your-own-device workplaces
Norton Small Business works on Windows, OS X and Android with limited features for iOS
Bennett took over the security and backup company less than two years ago.