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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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Richard Hill Named Symantec Interim President, CEO; Vincent Pilette Appointed EVP, CFO

Richard Hill, a board member at Symantec (Nasdaq: SYMC) since January, has been named interim president and CEO of the Mountain View, Calif.-based cybersecurity company. He replaces Greg Clark, who stepped down after three years at the helm, as the company begins its search for a full-time CEO, Symantec said …

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Former IBM Exec Andrew Borene Appointed Symantec National Security Group Head

Andrew Borene, a certified information systems security professional and former IBM (NYSE: IBM) executive, has been appointed senior director of the federal national security group at Symantec (Nasdaq: SYMC). He will lead a team that offers integrated technology platforms and services meant to help government clients defend against cyber threats, …

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Brian Davis Joins Symantec as Federal Civilian Sales Lead

Brian Davis, a former federal account manager at IBM (NYSE: IBM), has joined  software company Symantec (Nasdaq: SYMC) as senior director of federal civilian sales, G2Xchange reported Wednesday. His professional experience focused on helping customer address business challenges. Davis most recently served as director of federal civilian sales at enterprise security company …

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Symantec Adds Sue Barsamian, Richard Hill to Board; Greg Clark Quoted

Sue Barsamian, a former executive vice president at Hewlett Packard Enterprise (NYSE: HPE), and Marvell Technology Group Chairman Richard Hill have joined Symantec (Nasdaq: SYMC) as independent directors. Their addition brings the number of Symantec board members to 13, the company said Tuesday. Greg Clark, president and CEO at Symantec, said Barsamian has …

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Symantec Unveils AI-Powered ICS Cybersecurity Platform

TYSONS CORNER, VA, December 7, 2018 — Symantec (Nasdaq: SYMC) has developed a security platform that utilizes artificial intelligence with the goal to protect critical infrastructure and operational technology from cyber threats, ExecutiveBiz reported Thursday. The company said Wednesday the Industrial Control System Protection Neural is designed to counter malware on USB devices, …

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Symantec’s Chris Townsend: Agencies Should Advance Cyber Tech Interoperability Through Standardization

Chris Townsend, vice president of federal business at Symantec (Nasdaq: SYMC), has said agencies should work with industry to standardize cyber tools used to secure networks, endpoints and data in order to facilitate information sharing with other platforms. “Reducing complexity through standardization can enhance protection at every level and support …

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