SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › MarketWatch › Broadcom plans to acquire security software company Symantec
  • 0

Broadcom plans to acquire security software company Symantec

SemiMediaEdit
July 3, 2019

According to media reports, in order to further improve the company's software business profitability, Broadcom plans to acquire security software company Symantec.

Symantec is the world's largest network security software company, but in the past year, the company is facing a huge challenge due to a series of problems such as its CEO departure and the weakening of consumer demand for security software.

People familiar with the matter said that Broadcom may reach an acquisition agreement in the next few weeks, but because there are still many unknown factors, Broadcom has not disclosed and confirmed the acquisition. If the acquisition can be achieved, this will be the second big investment that Broadcom has made in the software field.

For the acquisition of software companies in recent years, Broadcom said that it is the best acquisition strategy by continuously acquiring companies with leading positions in the market and making continuous investment as part of Broadcom, rather than integrating its products.

As of press time, Broadcom and Symantec have not commented on this news.

Related

Broadcom acquire Symantec electronic components news
South Korea's response to Japanese semiconductor export controls
Previous
Avnet Announces New Chief Marketing Officer
Next

All Comments (0)

Back
No Comment.

Top Post

Mouser Electronics expands to the Philippines with local customer service center
Qualcomm ranked first in the world's top ten IC design companies
Fire broke out at AKM factory in Japan
TSMC’s CoWoS capacity to reach 75,000 wafers/month by end-2025
onsemi expects to produce 200mm SiC wafers by 2025
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

ADI completes $1.5 billion acquisition of Empower Semiconductor

ADI completes $1.5 billion acquisition of Empower Semiconductor

July 10, 2026
0
Micron raises U.S. investment plan to more than $250 billion by 2035

Micron raises U.S. investment plan to more than $250 billion by 2035

July 10, 2026
0
Vishay introduces four 40 V TrenchFET Gen IV MOSFETs for motor control

Vishay introduces four 40 V TrenchFET Gen IV MOSFETs for motor control

July 9, 2026
0
DDR4 prices may rise more than expected as memory shortage extends

DDR4 prices may rise more than expected as memory shortage extends

July 9, 2026
0
1
Copyright © 2017-2026 SemiMedia. Designed by nicetheme.
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Electronic components distributor
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP

SemiMediaEdit

Administrator