Broadcom has acquired the Symantec name as part of the deal, with the cybersecurity vendor's website now including "a division of Broadcom" under the company logo. Broadcom CEO Hock Tan said: "Today ...
Symantec plans to break up its consumer and enterprise businesses after nearly three decades together with the planned sale of its struggling enterprise security division to Broadcom for $10.7 ...
After establishing these businesses as cash cows and taking a pause for a few years following the purchase of Symantec in 2019, Broadcom pulled the trigger on a mega-merger with VMware last year ...
Broadcom still wants to find a way to move forward with purchasing Symantec, and more than 20 banks remain on standby to back Broadcom's blockbuster acquisition, according to the Financial Times.
Symantec was acquired by Broadcom in 2019 and forms part of the Broadcom Software business unit that will be renamed VMware if the Broadcom/Virtzilla deal drops. VMware has billed this integration ...
Broadcom has started to refurbish offices with its own branding across multiple regions. The Beijing office in Zhongguancun, known as China’s Silicon Valley, already had its logos replaced with ...
Broadcom already owns CA, Symantec and Brocade. For FY’24, Broadcom said it expects total revenue of around $50 billion, including software revenue of $20 billion (40% of total revenue).
Broadcom offers a wide range of vital tech products. The company's VMware acquisition has been a good one. But the stock isn't cheap due to the expectations built into it. That means it's a stone ...
Broadcom excels in cutting-edge connectivity chips but shows limited growth, making its 37x forward PE ratio seem high for its performance. The VMWare acquisition boosted AVGO's revenue, but core ...
Broadcom Inc. is a global technology company, which designs, develops, and supplies semiconductors and infrastructure software solutions. It operates through the Semiconductor Solutions and ...
Broadcom Inc. shares are on track to clinch a new closing high on Wednesday, which would put them in rarefied air within the chip sector. The last record close for Broadcom shares AVGO came on ...
Shares of Broadcom (AVGO) are rising after Reuters reported that the company is working with OpenAI on a new AI chip. Market Domination Hosts Julie Hyman and Josh Lipton report more on the story ...