Last month, chipmaker Broadcom formally announced its acquisition of Symantec’s enterprise business for $10.7 billion in cash.
Earlier, Broadcom acquired CA Technologies for $18.9 billion in cash on mid July 2018. This deal has helped Broadcom diversify its business.
Symantec's consumer business will be rebranded Norton Lifelock, which is the logical next step in its infrastructure software strategy, following the acquisitions of Brocade. They are makers of data center and enterprise storage networking equipment.
Recent acquisition of mainframe software company CA, is adding the $160 billion cybersecurity market to Broadcom's addressable market
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