Broadcom snaps up enterprise security business from Symantec in $10.7B deal
Broadcom has acquired the enterprise security business of Symantec for US$10.7 billion in cash, following mounting media speculation.
Broadcom has acquired the enterprise security business of Symantec for US$10.7 billion in cash, following mounting media speculation.
Sweeping job cuts impacting the newly acquired CA Technologies have allegedly reached Asia Pacific, as speculation mounts over the future of regional operations.
A general lack of confidence in the desire or ability of organisations to fully protect user data is increasing across Asia Pacific.
Broadcom’s surprise bid to buy CA for US$18.9 billion wiped off the same amount in market value as investors struggle to find a reason for the deal.
Broadcom plans to acquire CA Technologies in a US$19 billion deal aimed at diversifying the tech giant beyond semi-conductors.
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