Search
Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Jobs Cisco Partner Summit Digital 2020 Lenovo Tech World Newsroom Dell Technologies World Digital Experience 2020 HPE Zone Masergy Zenith Partner Program Newsroom Intel Partner Connect Digital Newsroom Dell Technologies Newsroom Fortinet Secure Network Hub IBM Newsroom Juniper Newsroom The IoT Integrator Lenovo Channel-First NetApp Data Fabric Intel Tech Provider Zone

Broadcom-Symantec Enterprise Deal: How It Came To Be, What Will Happen Now

Here's a deep dive into why Broadcom plans to buy Symantec’s enterprise security business for $10.7 billion and how Broadcom plans to improve the profitability and go-to-market strategy of the underperforming business.

Back 1 ... 3   4   5   6   7   ... 11 Next
photo

7. Focus Will Be Culled To Symantec's Endpoint, Web And DLP Products

Broadcom plans to enhance its investment around the Symantec enterprise security endpoint, web and data loss protection products, while scaling down investment in other areas where the return may not be as profitable, Broadcom President and CEO Hock Tan (pictured) told investors Thursday.

Other areas where Symantec enterprise security has offerings today include email security, network security, managed security services and consulting, according to filings with the U.S. Securities and Exchange Commission.

Symantec's web security business has $700 million in annual revenue, stable market growth, 29 percent market share (Forcepoint is second with 17 percent share), and includes technology from the company's $4.65 billion acquisition of Blue Coat Systems in August 2016, according to the Broadcom investor presentation.

The company's endpoint security business, meanwhile, has $550 million in annual revenue, stable market growth, and 18 percent market share (McAfee is second with 12 percent share). And Symantec's data loss prevention business has $450 million in annual revenue, plays in a growing market, and has 19 percent market share (McAfee is second with 7 percent share).

 
 
Back 1 ... 3   4   5   6   7   ... 11 Next

sponsored resources