The deal, which includes the Symantec name, is the "next logical step" for Broadcom following its acquisitions of Brocade and CA Technologies, the company reckons, and will help it to expand its enterprise software offering; now, the company faces stiff competition in the market offering protection to mobile devices and is absent from areas such as security forensics and investigation.
Symantec provides cloud, web and data security for organizations.
Deploying Symantec's enterprise security suite through Broadcom's channels will strengthen its differentiated portfolio license agreement (PLA) strategy of offering significant overall savings to customers, while creating a predictable, recurring revenue stream for its business that will drive returns for shareholders. The transaction is expected to generate more than $1 billion of run-rate cost synergies within 12 months following close.
The deal is a shot in the arm for Broadcom, which has been trying diversify into software business since a year ago when it bought USA business software maker CA Inc for US$18.9 billion.
Hong Kong paralysée par une grève générale
Cette déclaration marque une nouvelle étape dans les tensions entre la Chine et sa région semi-autonome. Au moins 105 vols étaient indiqués comme supprimés sur la liste des départs de l'aéroport de Hong Kong.
Samsung dévoile le Note 10 | ICI
Si la croissance de Samsung concerne surtout des modèles d'entrée et de milieu de gamme, le Note 10 fait partie des produits les plus chers proposés par le fabricant informatique.
Broadcom said it expected the cash deal to close in Q1 2020.
The chip market is still suffering from the impact of the trade dispute between China and the United States, but business conditions have not worsened since the company gave its forecast in June. Broadcom stock moved up about 1% in after-hours trading. So far he's been successful in turning them around.
While Symantec's revenue may not be growing, the purchase of a piece of the company would bring with it wider profit margins - higher than those typically achieved in the chip industry, which historically requires greater levels of investment and higher costs to build products.
The enterprise business generated about US$2.3 billion in sales in the past fiscal year. Broadcom's margin is predicted to be a full 10 percentage points lower than that. Symantec shares were up almost 4% after hours.
The deal is the latest in a raft of takeovers as Broadcom seeks to establish itself as a major IT infrastructure player, expanding beyond its core competence of processors.
ABC News affiliate WFAA-TV in Dallas , Texas, said a funeral service with full military honors was scheduled for Saturday. The colonel was later declared missing in action after he was shot down over Laos in 1967.
Pakistan says it is considering a proposal to approach the International Court of Justice over India's action. Pakistan said cluster munitions were fired in violation of global treaties and humanitarian law.
The technology further compares this data to faces in the company's database of user face templates to check for matches. The appeals panel decided that Facebook's technology "invades an individual's private affairs and concrete interests".
Fan de l'émission, Edwige s'est si bien entendue avec Paul que celui-ci l'a invitée à venir dans Les 12 coups de midi . Les jours se suivent et se ressemblent pour Paul sur le plateau des 12 coups de midi .
D'après les révélations du magazine Vice , les écoutes se feraient via l'application Skype ainsi que son assistant vocal Cortina. Les fichiers audio contenaient pour certains des éléments à caractère sensible, sexuel, ou permettant d'identifier la personne.
Now it could be her turn, as she awaits the victor of Williams' match Saturday night against 21-year old qualifier Maria Bouzkova. She had three chances to finish the match before the second set went to a tiebreaker, but Kenin fought back every time.
It is the first multiple discovery of this type of galaxy, which defies current models of the universe, the researchers said. Astronomers uncover 39 ancient galaxies using multiple space and ground-based observatories, according to CNN .
Les services de sécurité de la police norvégienne (PST) ont indiqué "suivre les évènements". Nous ne connaissons pas le niveau de gravité de ses blessures.
AMD soars after Google, Twitter say they're using its new chips
Customers can enjoy all-new "Zen 2" CPU architecture with up to 64 cores from their current AMD EPYC™ processor-based platforms. Also available for system builders is GIGABYTE's MZ32-AR0 motherboard which forms the base of the R152 and R272 server series.
13 dead, 16 missing as Typhoon Lekima slams east China
More than a million people were evacuated from their homes ahead of the storm, the official Xinhua news agency reported. Almost 200 trains through the city of Jinan in Shandong province were also suspended until Monday, Xinhua reported.
Liverpool débute fort contre Norwich — Premier League
Après une lourde défaite (1-4) face à Atalanta, a terminé sa pré-saison avec une courte victoire (1-0) face à Toulouse. Face à Norwich, le joueur de 27 ans pourrait rentrer dans l'histoire de la Premier League .
Murray to make singles return
Murray wrote that he has accepted a wild card for the singles draw in the Cincinnati-based tournament. Roger Federer, Rafael Nadal and Novak Djokovic could all meet Murray in the first round.