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Chipmaker Broadcom is buying cybersecurity specialist Symantec Corporation’s enterprise security business for $10.7 billion in cash, the companies announced Thursday. The deal signals Broadcom ...
Broadcom expects Symantec to drive approximately $1.8 bln in revenue for 2020 and approximately $1.3 billion of Pro Forma EBITDA, which includes more than $1 billion of run-rate cost synergies ...
Broadcom, the semiconductor maker, struck a $10.7 billion deal to buy Symantec’s enterprise-security business focused on sales to companies, in a drive to expand beyond chips.
Broadcom Inc. is in advanced talks to buy cybersecurity firm Symantec Corp., according to people familiar with the matter, seeking a further expansion into the more profitable software business ...
Good talk. It didn't happen. And Broadcom AVGO investors actually seem happy about it. Here's the news.. Broadcom was initially going to buy Symantec, but it was reported Monday that the talks are ...
Symantec declined to comment, while Broadcom didn’t respond to a request for comment from CRN. Since the report surfaced, Symantec's stock has climbed $2.99 (13.53%) ...
Broadcom Inc.AVGO 3.20 % increase; green up pointing triangle is nearing a deal to buy Symantec Corp.’s enterprise business after its attempted purchase of the entire cybersecurity firm fell apart.
Broadcom is integrating its CA Technologies and Symantec platforms into a long-standing cybersecurity focused partner program and hinted that its Carbon Black division could also be included. The ...
Broadcom AVGO shares have risen 12.7% in a month, outperforming the Zacks Electronics Semiconductors industry’s return of ...
Catalyst Partners now lead the go-to-market strategy and customer relationships for Symantec and Carbon Black. PALO ALTO, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO ...
Notably, they completed the acquisition of VMware for $69 billion on November 22, 2023, acquired Symantec for $10.7 billion in 2019, and purchased CA Technologies for $18.9 billion in 2018.
Broadcom Inc. is in advanced talks to buy cybersecurity firm Symantec Corp., according to people familiar with the matter, seeking a further expansion into the more profitable software business.