It's good to have Veritas back
Unfortunately, the merger was a bad idea in the first place. I used to be at Symantec, and basically the security customers thought we were abandoning them to branch out into the datacenter, and the datacenter customers wondered why they should trust their operations to an IT security company. There's more I could say, but that pretty much explains the fundamental problem at a high level.
I always thought that Veritas was a very unique market player, having a strong share of the datacenter/storage software market, but independent of having the storage hardware business the other big datacenter software players like EMC, IBM and HP had.
I think the split is the best thing all around, but Veritas' brand in the datacenter has been diminished by 10 years of underinvestment (trying to get everyone to think of Symantec, instead of Veritas), and association with the more unfocused post-merger Symantec product line instead of a tight datacenter focus.