Symantec's consumer business will remain separate and be rebranded. All rights reserved. Last year, the Trump administration blocked Broadcom's plan to buy Qualcomm over national security concerns. Our expert industry analysis and practical solutions help you make better buying decisions and get more from technology.
Tens of Thousands of Customers Rely on Mimecast Every Day. Our online learning management system archives hundreds of topic specific asset and training webinars that you can browse and launch at your convenience to get better informed and gain deep knowledge about Symantec Products. Join this session to see an exclusive premiere of the WastedLocker documentary and hear directly from Threat Hunters Kevin Haley and Jon DiMaggio on how they discovered and stopped WastedLocker. firstname.lastname@example.org, Joele Frank / Steve Frankel / Andi RoseJoele Frank, Wilkinson Brimmer Katcher Become the trusted advisor for your customers.
Broadcom changed Symantec’s product strategy and re-focused support to the largest enterprises.
What Alternative Strategies Do Symantec Email Security Customers Have?
North Korea is not your average nation-state attacker. That’s why we’ve created the Legendary Customer Success program because we want our customers to be legends. With the inaugural race called off just hours before it was due to commence, the racing team and all its employees were required to work remotely—and safely—in a mission-critical effort that had to be quickly executed. SAN JOSE, Calif., Aug. 8, 2019 /PRNewswire/ -- Broadcom, Inc., (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced an agreement to acquire the enterprise security business of Symantec Corporation (NASDAQ: SYMC) for $10.7 billion in cash.
Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation.
With product lines across endpoint security, web security services, cloud security and data loss prevention, Symantec's enterprise security business offers its customers a best-in-class suite of integrated enterprise security solutions. Our filings with the SEC, which you may obtain for free at the SEC's website at https://www.sec.gov, discuss some of the important risk factors that may affect our business, results of operations and financial condition. Cook Along with Chopped and Iron Chef’s Anne Burrell.
The exclusion of these and other similar items from Broadcom's non-GAAP financial results should not be interpreted as implying that these items are non-recurring, infrequent or unusual. About BroadcomBroadcom Inc., (NASDAQ: AVGO), a Delaware corporation headquartered in San Jose, CA, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. You can reach him at, enterprise security business is recognized as an established leader in the growing enterprise security space and has developed some of the world's most powerful defense solutions," Broadcom's CEO Hock Tan said in a, How to Free Up Space on Your iPhone or iPad, How to Save Money on Your Cell Phone Bill, How to Find Free Tools to Optimize Your Small Business, How to Get Started With Project Management, How We Test Antivirus and Security Software, Google Says Biggest DDoS Attack on Record Hit the Company in 2017, Google: Chinese Hackers Are Posing as McAfee Antivirus to Phish Victims, Readers' Choice Awards 2020: VPN Services, Business Choice Awards 2020: VPN Services for Work, Remote Access, The Best Parental Control Software for 2020, SpaceX Indicates More Beta Testers Are Receiving Access to Starlink, Can't Find the Name of a Song? PCMag.com is a leading authority on technology, delivering Labs-based, independent reviews of the latest products and services.
Broadcom will host a conference call to discuss details of the transaction. This release contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended) concerning Broadcom.
"Today represents an important milestone as Symantec's Enterprise Security business joins our other semiconductor and software franchises that together form the Broadcom platform," said Hock Tan, President and Chief Executive Officer of Broadcom. Broadcom changed Symantec’s product strategy and re-focused support to the largest enterprises. Last year, the company famously tried to buy Qualcomm, but was later rebuffed by the Trump administration. In addition to GAAP reporting, Broadcom provides investors with net income, operating income, gross margin, operating expenses and other data, and has previously provided net revenue data, on a non-GAAP basis.
Symantec made today's deal when its enterprise security business has been struggling to post year-over-year growth. These non-GAAP measures are provided in addition to, and not as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP.
A reconciliation of Broadcom's GAAP to non-GAAP historical financial data is available in the Investor Center on its website. Join us at Catalyst to learn where the changes driven by Broadcom’s acquisition of Symantec add simplicity and deliver quality for our customers. Factset: FactSet Research Systems Inc.2018. Broadcom's solutions include data center networking and storage, enterprise and mainframe software focused on automation, monitoring and security, smartphone components, telecoms and factory automation.
Symantec's enterprise security business, on the other hand, is merging with Broadcom, a supplier of semiconductors, ethernet switches and data center technologies. Following the closing of the transaction, Broadcom will own and incorporate the Symantec brand name into the Broadcom portfolio. By Clare Duffy and Rishi Iyengar, CNN Business, Updated 2319 GMT (0719 HKT) August 8, 2019.
Symantec threat hunters discovered and identified a breach inside dozens of corporate networks and were able to protect these companies before ransomware was deployed and caused damage. Get all the latest news, tips and articles delivered right to your inbox, Cybercriminals are using AI to boost ran…, Cybercriminals are using AI to boost ransomware, email phish… Read More >, A tidal wave of ransomware attacks is in…, A tidal wave of ransomware attacks is inundating the U.S., e… Read More >, Open APIs help today’s advanced SOAR systems deliver t… Read More >, Broadcom Alternatives: Five Email Security Strategies for Symantec Customers, Osterman outlines five possible alternatives, the potential downsides of their relationship with Broadcom, AI vs. AI: Now, AI is Required for Your Business’ Cyber Resilience, Integration Can Help Your Cyber Resilience SOAR.
Come hear the experts in North Korean Cyber Attackers, Dick O’Brien and Sylvester Segura, talk through what you need to know to protect your business from the North Korean cyber ecosystem; the varying motivations behind attack groups; and a deep dive into the operations of Stonefly, a North Korean group heavily involved in stealing industrial and military secrets.
Evil Corp is not just a fictional company from “Mr. Or we could take you back to the Broadcom home page. A live webcast and the accompanying presentation relating to the transaction will be available in the "Investors" section of Broadcom's website at https://investors.broadcom.com in advance of the conference call. Beatrice F. Russotto If you’re an existing Symantec email security customer, it’s important to consider your options.
As for Broadcom, the company plans on using the acquired enterprise security business to help it generate an additional $2 billion in future revenue.
Mimecast helps organizations stand strong in the face of cyberattacks, human error and technical failure.
Its anti-virus software helps companies thwart cyber threats across their physical devices and in the cloud. See how Symantec’s Integrated Services simplify responding to these …
This non-GAAP information includes the effect, where applicable, of purchase accounting on revenue, and excludes amortization of acquisition-related intangible assets, stock-based compensation expense, restructuring, impairment and disposal charges, acquisition-related costs, including integration costs, purchase accounting effect on inventory, litigation settlements, debt-related costs, gain (loss) on extinguishment of debt, gain (loss) on dispositions of acquisition-related assets, income (loss) from discontinued operations and non-GAAP tax reconciling adjustments.
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