article thumbnail

Broadcom Acquires Symantec's Enterprise Security Business

socalTECH

Broadcom , which still has significant operations in Orange County, said this morning that it has completed its acquisition of the Enterprise Security business of Symantec Corporation , which had been announced in August. The deal was worth $10.7 billion in cash. READ MORE>>.

Symantec 100
article thumbnail

Broadcom Buys Symantec's Enterprise Security Business For $10.7 Billion

socalTECH

Broadcom , which has significant operations in Orange County, has acquired the Enterprise Security business of Symantec , in a deal worth $10.7 The move is consistent with Broadcom's recent activity to diversify itself away from just semiconductors to include network equipment, software, and other products. billion acquisition.

Symantec 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nukona Acquired By Symantec

socalTECH

San Diego-based Nukona , a developer of mobile application management software, has been acquired by security software giant Symantec. Symantec said it completed the acquisition this morning. Symantec said that Nukona will bolster Symantec's enterprise mobility software portfolio.

Symantec 150
article thumbnail

Talk of Broadcom Buyout of Symantec Puts Broader IT Focus Into View

Xconomy

Broadcom is once, twice, three times a multi-billion-dollar dealmaker (well, basically) in the past year if it follows through on its reported talks to acquire Mountain View, CA-based cybersecurity giant Symantec. Though it is one of the largest cybersecurity software providers, Symantec is.

article thumbnail

How Sekur.me Wants To Use Cell Phones To Fix Abandoned Shopping Carts

socalTECH

Jack Bicer: I''ve been in the software development business for over 30 years. My two previous inventions, uninstall and automatic software updates, run on every computer and smartphone today. I''ve been involved in custom software and payment processing for a long time. Talk about your background? What''s next for your startup?

Symantec 214
article thumbnail

Is the Future of Cybersecurity in M&A?

Xconomy

Last month Symantec announced its plans to buy Blue Coat for $4.7 The bigger public players – Cisco, Check Point, HP, IBM, Symantec, and others – need to continually add to their arsenal of security solutions as the threat landscape continues to evolve. Symantec Forces the Industry to Stay Competitive. Why is this happening?

article thumbnail

New Cybersecurity Alliance Continues Trend of Industry Collaboration

Xconomy

There have been a series of tie-ups, as security-tech companies try to boost their businesses and amplify their products via acquisitions. IBM bought Resilient Systems , Cisco Systems snapped up CloudLock , Symantec acquired Blue Coat , and Carbon Black purchased Confer , to name a few.

Press 40