Broadcom Buys Symantec’s Enterprise Biz.: Good News For Investors; Bad News For Enterprises
Forrester IT
AUGUST 9, 2019
Yesterday, Broadcom announced a definitive deal to acquire the enterprise business of Symantec for $10.7 billion in cash. This deal caps weeks of speculation that Symantec was in play, initiated in May 2019 following the sudden resignation of Symantec CEO Greg Clarke in May and a downward revision to Symantec’s FY20 revenue guidance earlier in […].
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