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Broadcom Strikes $10.7B Cash Deal for Symantec’s Enterprise Security Assets; Rick Hill Quoted

Broadcom (Nasdaq: AVGO) has agreed to acquire Symantec's (Nasdaq: SYMC) enterprise security assets for approximately $10.7B in cash. The transaction includes the acquisition of the Symantec name and is expected to conclude before the end of calendar year 2019, subject to regulatory approvals and other customary closing conditions, Symantec said Thursday.

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Broadcom’s CA Technologies to Supply Software Licensing, Maintenance Support to DISA Under $85M Deal

TYSONS CORNER, VA, April 2, 2019 — CA Technologies, a Broadcom (Nasdaq: AVGO) company, has received an $85M contract to provide software licenses and associated maintenance and sustainment services to the Defense Information Systems Agency, ExecutiveBiz reported Monday. The Department of Defense said Friday the contract covers work across DISA …

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Intel Vet Diane Bryant Named Broadcom Independent Director

Diane Bryant, a 32-year veteran of Intel (Nasdaq: INTC) and former chief operating officer of Google‘s (Nasdaq: GOOGL) cloud business, has been appointed an independent director at Broadcom‘s (Nasdaq: AVGO) board of directors. Broadcom said Monday Bryant has more than three decades of leadership experience in the semiconductor, enterprise information technology …

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NortonLifeLock Announces Leadership Appointments, Board Changes

NortonLifeLock (Nasdaq: NLOK) has announced the appointment of key leaders following its launch as an independent publicly traded consumer cyber safety company as a result of Broadcom’s (Nasdaq: AVGO) $10.7B acquisition of Symantec’s enterprise security assets. Vincent Pilette, a more than 20-year financial management executive, has been named CEO of NortonLifeLock, the company said Thursday.

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Hitachi Vantara Federal Assumes Control of Brocade’s Networking Maintenance Contracts; David Turner Comments

Hitachi Vantara’s federal business has assumed control of some of Brocade Communications Systems’ (Nasdaq: BRCD) federal service maintenance contracts and other assets under a definitive agreement signed in June. Hitachi Vantara Federal said Friday the agreement’s completion would provide the company access to Brocade’s storage area networking, campus/edge networking and data center …

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HDS Federal, Brocade Agree on Transfer of Some Contracts, Assets; David Turner Comments

Hitachi Data Systems‘ federal business has entered into a definitive agreement to accept the transfer and control of some of Brocade Communications Systems‘ (Nasdaq: BRCD) federal service maintenance contracts and other cleared assets. HDS Federal said Tuesday it will gain Brocade’s portfolio of U.S. federal data center networking, campus/edge networking and storage area …

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