Veritas Software (VRTS) - Get Virtus Investment Partners, Inc. Report was up 5.9% in preopen Instinet trading after the company announced an expanded partnership with Microsoft (MSFT) - Get Microsoft Corporation (MSFT) Report.

The deal uses the storage software company's technology to back up and manage data in Windows 2000. The two companies plan to develop new software for Microsoft's SQL database.

Veritas said the deal would expand its customer base and would be "incremental" to earnings.

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