Broadcom Acquires Symantec Enterprise Security Business

Broadcom Completes Acquisition of VMware

November 22, 2023

Cloud & SaaS

Broadcom completed its acquisition of VMware in a cash-and-stock transaction valued at approximately $61 billion, with Broadcom also assuming about $8 billion of VMware net debt. After closing, VMware’s common stock ceased trading on the NYSE, and the Broadcom Software Group rebranded and operates as VMware.

Symphony Technology Group Acquires McAfee Enterprise Business

July 27, 2021

Cybersecurity

A consortium led by private equity firm Symphony Technology Group (STG) completed the acquisition of McAfee's Enterprise business in a transaction announced for $4.0 billion. The divestiture separates McAfee's enterprise security operations — which generated about $1.3 billion in FY2020 revenue and served the vast majority of Fortune 100 customers — allowing McAfee to focus on consumer security while STG invests to grow the standalone enterprise cybersecurity business.

Symantec Corporation Acquires Altiris Inc. for $830M

January 29, 2017

Software

Symantec Corporation agreed to acquire Altiris Inc. for approximately $830 million in cash ($33 per share) to expand its presence in the corporate software market. The deal, announced by Symantec, is expected to close in the second quarter pending regulatory and shareholder approvals and is intended to strengthen Symantec's enterprise management and IT asset-management capabilities.

Broadcom Inc. Acquires AppNeta

December 7, 2021

Cloud & SaaS

Broadcom Inc. announced the acquisition of AppNeta, a Boston-based SaaS provider of network performance and digital experience monitoring, to extend Broadcom's DX NetOps capabilities. The deal integrates AppNeta's end-to-end, internet-aware visibility into Broadcom's infrastructure and AIOps tooling to provide enterprises with improved digital experience management across cloud, SaaS and remote user environments.

KKR to Acquire Broadcom’s End-User Computing Division for About $4 Billion

February 26, 2024

Cloud & SaaS

KKR announced it has signed a definitive agreement to buy Broadcom’s End-User Computing (EUC) Division in a transaction valued at approximately $4 billion. The EUC Division will become a standalone company focused on digital workspace solutions led by the existing management team.

Accenture Acquires Innotec Security

November 2, 2023

Cybersecurity

Accenture has acquired Madrid-based Innotec Security from parent company Entelgy Group, expanding its cybersecurity-as-a-service, cyber resilience, and managed security services capabilities in Spain. The deal adds approximately 500 cybersecurity professionals to Accenture Security and deepens Accenture's regional footprint and MSS capabilities across Spanish cities including Barcelona, Seville and the Basque Country.