Why did Broadcom sell Symantec
Accenture has been very active on the M&A front, buying cybersecurity, cloud, and digital transformation consulting firms and service providers. The deal essentially allows Broadcom to shed services-focused cybersecurity efforts while keeping Symantecs core enterprise security software offerings.
What Broadcom did with Symantec
After restructuring, Symantecs enterprise security business was purchased by Broadcom on November 4, 2019, while its consumer business remained a publicly traded company called NortonLifeLock.
What country owns Broadcom
US-based Broadcom Inc., San Jose
Who bought Symantec Endpoint Protection
8, 2019 /PRNewswire/ — Broadcom, Inc., (NASDAQ: AVGO), a leading provider of infrastructure software and semiconductor design, development, and manufacturing solutions, today announced a deal to buy Symantec Corporations enterprise security division for $10.7 billion in cash.
What is happening with Symantec
After restructuring, Symantecs consumer business remained a publicly traded company called NortonLifeLock, while its enterprise security business was acquired by Broadcom on November 4, 2019. [21] This marks the end of Symantec as a security behemoth.
Is Symantec Endpoint Protection going away
The customer wont be able to access technical support services after April 3, 2021, and content/signature updates will stop, putting the computer(s) in danger.
Did Symantec sell Norton
After failing to buy the entire company, Broadcom Inc. announced on August 9 that they would be buying the Enterprise Security software division of Symantec for $10.7 billion. The sale closed on November 4, 2019, and the company subsequently changed its name to NortonLifeLock.
Who owns Symantec Endpoint Protection
a name of business security software that Broadcom Inc. acquired in August 2019.
Did Broadcom Buy CA Technologies
SAN JOSE, Calif., Nov. 5, 2018 /PRNewswire/ — Broadcom Inc. (NASDAQ: AVGO), a leading provider of infrastructure software and semiconductor design, development, and manufacturing, announced today that it has successfully acquired CA Technologies (NASDAQ: CA) (CA).
Who acquired Broadcom
According to the terms of the final agreement, Avago will purchase Broadcom for $17 billion in cash and the equivalent of 140 million Avago common shares, which were worth $20 billion as of May 27, 2015. As a result, Broadcom shareholders will own about 32% of the combined business.
When did Broadcom go public
Since becoming a publicly traded company on the NASDAQ exchange in 1998, Broadcom has grown to employ roughly 11,750 people across more than 15 nations.
Why did Broadcom buy Symantec
On November 4, 2019, Broadcom said, “We look forward to welcoming Symantec Enterprise customers, employees, and suppliers to the Broadcom community. Broadcom has a proven track record of successfully integrating companies, enabling enhanced growth and a faster pace of innovation.”
Is Symantec part of Broadcom
Broadcoms Symantec Cyber Security Services business has been acquired by Accenture. NEW YORK; APRIL 30, 2020 – Accenture (NYSE: ACN) has finished buying Broadcom Inc.s (NASDAQ: AVGO) Symantec Cyber Security Services business.
Is Broadcom owned by the Chinese
After being purchased by Avago Technologies in 2016, Broadcom Corporation, an American fabless semiconductor manufacturer that specializes in products for the wireless and broadband communication market, now functions as a wholly owned subsidiary of Broadcom Inc.
Who bought Broadcom
According to the terms of the final agreement, Avago will purchase Broadcom for $17 billion in cash and the equivalent of 140 million Avago common shares, which were worth $20 billion as of May 27, 2015. As a result, Broadcom shareholders will own about 32% of the combined business.
Where is Broadcom manufactured
With manufacturing plants in Colorado and Pennsylvania and engineering offices in California, Broadcom claims to have 7,500 US employees spread across 24 states.
Which companies does Broadcom own
The company has the size, scope, and engineering talent to steer the industry into the future thanks to the union of market leaders Broadcom, LSI, Broadcom Corporation, Brocade, CA Technologies, and Symantec.
What does Broadcom do for Apple
Prior to this agreement, Broadcom had been supplying Apple with radio frequency components and modules for the iPhone, so the 2020 agreement represented an expansion of the relationship between Broadcom and Skyworks.Dec. 16, 2021