Chipmaker Broadcom is in talks to buy cybersecurity company Symantec: Report
5 years, 6 months ago

Chipmaker Broadcom is in talks to buy cybersecurity company Symantec: Report

Firstpost  

A deal would expand Broadcom’s push into software a year after its $18.9 billion deal to buy US business software company CA Inc Chipmaker Broadcom Inc is in advanced talks to buy cybersecurity firm, Symantec Corp, according to sources familiar with the matter, as Broadcom seeks to diversify beyond semiconductors. A deal would expand Broadcom’s push into software a year after its $18.9 billion deal to buy US business software company CA Inc. It also follows Broadcom’s failed bid to buy Qualcomm Inc. A Symantec spokesperson said the company does not comment on speculation. The company, which is being investigated by US regulators over an accounting irregularity, has seen a slew of key executive departures since late last year, including CEO Greg Clark, who abruptly stepped down in May.

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Qualcomm explores friendly takeover of Intel — Know more about potential transformational deal for chip sector
3 months, 3 weeks ago

Qualcomm explores friendly takeover of Intel — Know more about potential transformational deal for chip sector

Live Mint  

Intel — once the world's largest chipmaker — might soon face a friendly takeover bid from Qualcomm. The company is headed toward its third consecutive year of shrinking sales with an estimated $52 billion revenue in 2024 — just 70% what it brought in back in 2021. A person in the know however told Bloomberg that CEO Pat Gelsinger still …

Qualcomm approached Intel about a takeover in recent days: Report
3 months, 3 weeks ago

Qualcomm approached Intel about a takeover in recent days: Report

The Hindu  

Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Earlier this month, Reuters reported that Qualcomm explored the possibility of acquiring portions of Intel's design business to boost the company's product portfolio. Qualcomm had examined acquiring different pieces of Intel, which is struggling to generate …

Broadcom planning to complete deal for $69 billion acquisition of VMWare after regulators give OK
1 year, 1 month ago

Broadcom planning to complete deal for $69 billion acquisition of VMWare after regulators give OK

Associated Press  

SAN JOSE, California — Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The acquisition was able to go ahead after China’s State Administration of Market Regulation said Broadcom’s commitments, submitted Monday, would reduce the impact of the merger. Broadcom …

Big tech deals keep coming: Broadcom buys VMware for $61B
2 years, 7 months ago

Big tech deals keep coming: Broadcom buys VMware for $61B

Associated Press  

Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty. Broadcom wants to establish a stronger foothold in the cloud computing market and VMware’s technology allows large corporations to blend public cloud access with internal …

Broadcom in Talks to Acquire VMware
2 years, 7 months ago

Broadcom in Talks to Acquire VMware

News 18  

-Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters. The acquisition would further diversify Broadcom’s business away from semiconductors and into enterprise software, following its $18.9 billion acquisition of CA Technologies and its $10.7 billion purchase of Symantec Corp’s security division in the last four years. Michael Dell is …

Cisco to buy cybersecurity company Duo for $2.35 billion, biggest acquisition after AppDynamics last year
6 years, 5 months ago

Cisco to buy cybersecurity company Duo for $2.35 billion, biggest acquisition after AppDynamics last year

Firstpost  

Duo’s platform allows users to verify their identity with a two-step authentication process, a product that Cisco executives said was key as more of their customers are trying to securely connect to applications in the cloud. Cisco Systems Inc said on Thursday it would buy Duo Security, a venture capital-backed cyber security company, for $2.35 billion in cash, as part …

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