For companies that do not target large enterprises with the same core product set (endpoint security, web security and DLP), competition will reduce as will competition for spend by small and medium-sized businesses.
"Broadcom announced the acquisition of Symantec's Enterprise division, for USD10.7 billion, on 8 August 2019.
The enterprise division generated just over half of Symantec's total revenue in the most recent quarter, down from almost two-thirds of the revenue in 3Q 2017.However, Symantec's profitability was of greater concern – the company reported that its enterprise division was generating just 10% of operating profit.
It is hoping to do the same with Symantec's enterprise assets.The new security assets will give Broadcom access to a large potential market. Regards. The service is ...A Windows reboot loop is a vicious and frustrating cycle, but there are ways you can fix a Windows 10 boot loop problem, ...Learn the basics of cloud computing with answers to these frequently asked questions.
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"Broadcom will hope to repeat the cost-cutting strategy that it used with Brocade and CA Technologies without having a negative impact on customers; it will be no easy task. provides a single point of control for policy management, monitoring, and reporting for these products.
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Broadcom sees Symantec's enterprise business as a revenue stream and there doesn't seem to be a vision or roadmap for how it fits into Broadcom's existing software business," he said.On top of that, Symantec has been a "troubled company for some time that has been looking for direction but still hasn't found it," Parizo added.
"First, Broadcom is a hardware company and software isn't their core competency.
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It will want to increase revenue and profit while having a smaller product portfolio, after significantly reducing staff numbers (CA Technologies employee numbers were reduced by a reported 40% in the USA following the Broadcom deal).
Symantec Endpoint Security? "The Qualcomm deal was blocked because of Broadcom's alleged ties to the Chinese government," Ovum's Parizo said.
If you can assist great, if not expectations are low to begin with.
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