Tom Krazit and John Blau

Hoping to strengthen its hand in the market for storage management software, Veritas Software Corp. on Thursday said it has reached agreements to acquire Precise Software Solutions Inc. and Jareva Technologies Inc.

Hoping to strengthen its hand in the market for storage management software, Veritas Software Corp. said it has reached agreements to acquire Precise Software Solutions Inc. and Jareva Technologies Inc. The deal also allows Veritas to extend its reach into new markets that will send a ripple through the competitive world of systems management, analysts said.