Broadcom In ‘Advanced Talks’ To Acquire Symantec

Another software move for chipmaker, as Broadcom reportedly seeks to acquire security veteran Symantec

Singapore-based Broadcom is to double down on its software foray with reports it is in “advanced talks” to acquire veteran security specialist Symantec.

Broadcom of late has become acquisitive as it seeks to expand beyond its traditional chip business. In March 2018, President Donald Trump blocked Broadcom’s attempted hostile takeover of Qualcomm, ending what would have been the largest takeover on record in the high-tech industry, valued at an estimated $140 billion (£100bn).

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Source: Silicon UK