Tag Archives: AVGO

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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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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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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