Microsoft Corp's upcoming security software is not designed to take sales from Symantec Corp and McAfee Inc as it is a stripped-down, free product that focuses purely on anti-virus protection, a Microsoft executive said.
Microsoft plans to stop accepting paid subscriptions to Windows Live OneCare in mid-2009. The security software is slated to be replaced by a free offering code-named Morro, which will focus on providing consumer PCs with core protection from viruses, spyware, rootkits, trojans and other forms of malware.
Anticipating slower growth in the current year, Perceptive Software has laid off 23 employees. A representative of the document imaging software company said Tuesday that Perceptive still expected about 25 percent growth in fiscal 2009, but that would be half of what it had earlier projected.
