Symantec Corp. will begin offering an online storage service targeted at consumers by the end of next month.
The product is based on technology that the company acquired with SwapDrive Inc. in June for $124 million.
A Symantec spokeswoman would not provide any additional details other than saying that the service will be a "stand-alone, cloud-based, online backup offering."
Symantec already offers 2GB of online storage for free with its Norton 360 security suite; additional allotments of 5GB, 10GB and 25GB a year can be purchased for $29.99, $49.99 and $69.99, respectively.
Symantec joins EMC Corp. on the consumer cloud storage front. EMC acquired Mozy in 2007 and released its first software-as-a-service storage application in January 2008.
Privately held Carbonite Inc. also offers online storage, charging $49.95 for a 12-month subscription.