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broadcom symantec acquisition announcement

Accordingly, you should not place undue reliance on such statements. Beatrice F. Russotto SAN JOSE, Calif., Aug. 8, 2019 /PRNewswire/ -- Broadcom, Inc., (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced an agreement to acquire the enterprise security business of Symantec Corporation (NASDAQ: SYMC) for $10.7 billion in cash. Our filings with the SEC, which you may obtain for free at the SEC's website at https://www.sec.gov, discuss some of the important risk factors that may affect our business, results of operations and financial condition. Broadcom Inc. Nov 04, 2019, 08:48 ET. SAN … Reaffirms Fiscal Year 2019 Revenue Guidance. Broadcom's category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Management does not believe that these items are reflective of the Company's underlying performance. Acquisition will make Accenture Security one of the world’s leading providers of managed security services. Copyright © 2005 - 2021 Broadcom. SAN JOSE, Calif., Aug. 8, 2019 /PRNewswire/ -- Broadcom, Inc., (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced an agreement to acquire the enterprise security business of Symantec Corporation (NASDAQ: SYMC) for $10.7 billion in cash. 1 Broadcom's 2020 first fiscal quarter begins November 4, 2019. The financial results provided below do not include any contribution from the Symantec Enterprise Security business. Share this article. Symantec Enterprise; Events. A reconciliation of Broadcom's GAAP to non-GAAP historical financial data is available in the Investor Center on its website. Yesterday, Symantec inked a deal with Broadcom to sell its Enterprise Security unit for $10.7 billion. Symantec shares have jumped in response to claims that Broadcom may be considering the acquisition of the cybersecurity company. "Symantec's Enterprise Security business expands our footprint of mission critical infrastructure software for the Global 2000. Broadcom today also reaffirmed its fiscal year 2019 revenue guidance of $22.5 billion, with $17.5 billion from semiconductor solutions and $5 billion from infrastructure software, as last provided in its second quarter fiscal year 2019 earnings release on June 13, 2019. The term "Broadcom" refers to Broadcom Inc. and/or its subsidiaries. Symantec Corp. is no longer Symantec, as the company changed its name following the completion today of Broadcom Inc.’s acquisition of its enterprise security … With product lines across endpoint security, web security services, cloud security and data loss prevention, Symantec's enterprise security business offers its customers a best-in-class suite of integrated enterprise security solutions. These non-GAAP measures are provided in addition to, and not as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. Actual results may vary from the estimates provided. Investor Relations A webcast of the conference call will also be available in the "Investors" section of Broadcom's website at https://investors.broadcom.com. Broadcom expects its current dividend policy of delivering 50% of its prior fiscal year free cash flow to shareholders to remain unchanged. Passcode is 7958018. http://www.prnewswire.com/news-releases/broadcom-completes-acquisition-of-symantec-enterprise-security-business-300950721.html. However, Broadcom now intends to utilize excess cash flow beyond its dividend payments to focus on rapidly paying down debt as opposed to stock repurchases. Accordingly, you should not place undue reliance on such statements. Media reports say that Broadcom AVGO is acquiring security software maker Symantec SYMC for $15 billion. Announces Senior Leadership Appointments to Drive Continued Growth and Success. Mr. Gilliland most recently served as General Manager of Symantec's Enterprise Security business where he oversaw the Enterprise Security product and engineering teams, Enterprise Security Worldwide Sales and the Enterprise Security customer support organization. Broadcom’s acquisition of Symantec has been completed, and with that, the latter brand is set to disappear for good. Enterprise Software; Mainframe Software; Symantec Enterprise; Symantec Privileged Access Management View Only Community Home Threads 6.6K; Library 413; Blogs 56; Events 0; Members 735; Announcement regarding Layer7 Privileged Access … Broadcom does not undertake any intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this announcement, whether as a result of new information, future events or otherwise, except as required by law. Broadcom Inc. This was more than offset by our … Following the closing of the transaction, Broadcom will own and incorporate the Symantec brand name into the Broadcom portfolio. The term "Broadcom" refers to Broadcom Inc. and/or its subsidiaries. 408-433-8000investor.relations@broadcom.com, Joele Frank / Steve Frankel / Andi RoseJoele Frank, Wilkinson Brimmer Katcher A replay of the call will be available for one week by dialing (800) 585-8367 (US) or +1 (404) 537-3406 (International) and the passcode is 7958018. Symantec has not released the financial details for most of these mergers and acquisitions. Company expects to issue a $12 per share special dividend to Symantec shareholders after close of … Chipmaker Broadcom formally announced its acquisition of Symantec's enterprise business after the closing bell on Thursday. A live webcast and the accompanying presentation relating to the transaction will be available in the "Investors" section of Broadcom's website at https://investors.broadcom.com in advance of the conference call. Broadcom is … Announces Commencement of Private Offering of Senior Notes and Concurrent Tender Offers and Consent Solicitations. 212-355-4449. Broadcom believes access to the investment grade credit market is fundamental to its strategy and fully intends to maintain its investment grade credit rating. The addition of Symantec's enterprise security portfolio will significantly expand Broadcom's infrastructure software footprint as it continues to build one of the world's leading infrastructure technology companies. These forward-looking statements are based on current expectations and beliefs of Broadcom's management, as well as assumptions made by, and information currently available to, Broadcom's management, current market trends and market conditions and involve risks and uncertainties, many of which are outside of Broadcom's and Broadcom's management's control, and which may cause actual results to differ materially from those contained in forward-looking statements. Strategic partnerships to expand reach and deliver superior customer experienceSAN JOSE, Calif., Dec. 09, 2020 (GLOBE NEWSWIRE) -- Broadcom Inc. … We are pleased to welcome the talented team of employees at Symantec Enterprise Security to the Broadcom family. Hock Tan, President and Chief Executive Officer of Broadcom, said, "M&A has played a central role in Broadcom's growth strategy and this transaction represents the next logical step in our strategy following our acquisitions of Brocade and CA Technologies. Broadcom to Acquire Symantec Enterprise Security Business August 8, 2019. In 2019, Broadcom was announced the 5th best stock of the 2010s, with a total return of 1,956%. Symantec Announces Sale of Enterprise Security Assets for $10.7 Billion to Broadcom. Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. On January 7, 2020, Accenture plc had agreed to acquire Symantec's 300-person cybersecurity services division from Broadcom. Broadcom has obtained $23 billion in financing ahead of a potential acquisition of Symantec. The transaction is expected to generate more than $1 billion of run-rate cost synergies within 12 months following close. All rights reserved. Symantec's enterprise security business is recognized as an established leader in the growing enterprise security space and has developed some of the world's most powerful defense solutions that protect against today's evolving threat landscape and secure data from endpoint to cloud. This non-GAAP information includes the effect, where applicable, of purchase accounting on revenue, and excludes amortization of acquisition-related intangible assets, stock-based compensation expense, restructuring, impairment and disposal charges, acquisition-related costs, including integration costs, purchase accounting effect on inventory, litigation settlements, debt-related costs, gain (loss) on extinguishment of debt, gain (loss) on dispositions of acquisition-related assets, income (loss) from discontinued operations and non-GAAP tax reconciling adjustments. 212-355-4449, View original content:http://www.prnewswire.com/news-releases/broadcom-completes-acquisition-of-symantec-enterprise-security-business-300950721.html, Broadcom Completes Acquisition of Symantec Enterprise Security Business. ", "We are excited to join Broadcom as it continues to build one of the world's leading infrastructure technology companies," said Mr. Gilliland. The formal announcement could be … A purchase of Symantec would bring Broadcom a fresh chance to sort out a large, underperforming software company. Conference call date: August 8, 2019 Copyright © 2005 - 2021 Broadcom. Symantec Endpoint Protection Bridge cannot read the required user rights that are specified in the Windows domain security policies on this computer. The exclusion of these and other similar items from Broadcom's non-GAAP financial results should not be interpreted as implying that these items are non-recurring, infrequent or unusual. All the latest Broadcom news -- product and financial -- can be found in the Broadcom newsroom. Financial terms were … Broadcom pushes partners, customers to replace existing licenses, while competitors try to displace accounts. In October 2019, Broadcom was ordered by the European Union to stop allegedly anticompetitive practices. Check the user rights in your domain security policies manually. 408-433-8000investor.relations@Broadcom.com, Joele Frank / Steve Frankel / Andi RoseJoele Frank, Wilkinson Brimmer Katcher As of today, partners are no longer authorized to sell two popular Symantec products, Symantec Endpoint Protection Cloud and Symantec Endpoint Protection Small Business Edition. "Today represents an important milestone as Symantec's Enterprise Security business joins our other semiconductor and software franchises that together form the Broadcom platform," said Hock Tan, President and Chief Executive Officer of Broadcom. The Company completed its acquisition of the Symantec Enterprise Security business on November 4, 2019. Media reports say that Broadcom AVGO is acquiring security software maker Symantec SYMC for $15 billion. Dial in #: US (866) 610-1072, International +1 (973) 935-2840 Investor Relations Broadcom to Acquire Symantec Enterprise Security Business for $10.7 Billion in Cash August 8, 2019 Expands Broadcom's Infrastructure Software Footprint with Best-in-Class Suite of Integrated Enterprise Security Solutions Accelerates Broadcom's Efforts to Build One of the World's Leading Infrastructure Technology Companies 12/10/20 Broadcom Inc. These statements include, but are not limited to, statements regarding the expected completion and timing of the proposed transaction, expected benefits and costs of the proposed transaction, and management plans relating to the proposed transaction, and statements that address Broadcom's expected future business and financial performance and other statements identified by words such as "will", "expect", "believe", "anticipate", "estimate", "should", "intend", "plan", "potential", "predict" "project", "aim", and similar words, phrases or expressions. Particular uncertainties that could materially affect future results include risks associated with: our Symantec Corporation ("Symantec") transaction, including (1) potential difficulties in employee retention, (2) unexpected costs, charges or expenses, and (3) our ability to successfully integrate the Symantec enterprise business and achieve the anticipated benefits of the transaction; any loss of our significant customers and fluctuations in the timing and volume of significant customer demand; our dependence on contract manufacturing and outsourced supply chain; global economic conditions and concerns; any acquisitions we may make, such as delays, challenges and expenses associated with receiving governmental and regulatory approvals and satisfying other closing conditions, and with integrating acquired companies with our existing businesses and our ability to achieve the benefits, growth prospects and synergies expected by such acquisitions, including our recently completed transaction with Symantec; government regulations and trade restrictions; our ability to accurately estimate customers' demand and adjust our manufacturing and supply chain accordingly; our significant indebtedness, including the additional significant indebtedness that we have incurred in connection with the Symantec transaction and the need to generate sufficient cash flows to service and repay such debt; dependence on and risks associated with distributors of our products; dependence on senior management and our ability to attract and retain qualified personnel; international political and economic conditions; involvement in legal and administrative proceedings; our dependency on a limited number of suppliers; quarterly and annual fluctuations in operating results; cyclicality in the semiconductor industry or in our target markets; our competitive performance and ability to continue achieving design wins with our customers, as well as the timing of any design wins; prolonged disruptions of our or our contract manufacturers' manufacturing facilities or other significant operations; our ability to improve our manufacturing efficiency and quality; our dependence on outsourced service providers for certain key business services and their ability to execute to our requirements; our ability to maintain or improve gross margin; our ability to protect our intellectual property and the unpredictability of any associated litigation expenses; compatibility of our software products with operating environments, platforms or third-party products; our ability to enter into satisfactory software license agreements; sales to our government clients; availability of third party software used in our products; use of open source code sources in our products; any expenses or reputational damage associated with resolving customer product warranty and indemnification claims; our ability to sell to new types of customers and to keep pace with technological advances; market acceptance of the end products into which our products are designed; our ability to protect against a breach of security systems; changes in accounting standards; fluctuations in foreign exchange rates; the amount and frequency of our stock repurchases; our provisions for income taxes and overall cash tax costs, legislation that may impact our overall cash tax costs and our ability to maintain tax concessions in certain jurisdictions; and other events and trends on a national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature. To find Endpoint Protection documentation, click the I think after Broadcom Acquisition CA No more need to reference Gen to CA it is time for Broadcom to return back the tool to its original famous name Cool:Gen 12/10/20 Broadcom Inc. BROADCOM TO ACQUIRE SYMANTEC ENTERPRISE SECURITY BUSINESS FOR $10.7 BILLION IN CASH Building one of the world’s leading infrastructure technology companies Cautionary Statement Regarding Forward-Looking Statements Of the companies that Symantec has acquired, 50 were based in the United States. With Broadcom’s recent announcement that Symantec Enterprise Protection has officially joined Broadcom, Symantec migrated the documentation to the Broadcom Symantec Security Tech Docs Portal. Deploying Symantec's enterprise security suite through Broadcom's channels will strengthen its differentiated portfolio license agreement (PLA) strategy of offering significant overall savings to customers, while creating a predictable, recurring revenue stream for its business that will drive returns for shareholders. Broadcom intends to fund the transaction with proceeds from new committed debt financing. Symantec's first acquisition was C&E Software on January 1, 1984, and the founder of C&E Software, Gordon Eubanks, became the new chief executive officer of Symantec. Ano Man Ang Gagawin Makapitong Iisipin In English, Jt With Legacy Five, Thrifty Folk Sentence, Discount Living Room Furniture Sets, Famous Baritone Singers, Cesium Fluoride Cation And Anion Formula, Perfect Keto Electrolytes, Bluefield Daily Telegraph Phone Number, Factors Affecting Secondary Productivity,

broadcom symantec acquisition announcement
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Accordingly, you should not place undue reliance on such statements. Beatrice F. Russotto SAN JOSE, Calif., Aug. 8, 2019 /PRNewswire/ -- Broadcom, Inc., (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced an agreement to acquire the enterprise security business of Symantec Corporation (NASDAQ: SYMC) for $10.7 billion in cash. Our filings with the SEC, which you may obtain for free at the SEC's website at https://www.sec.gov, discuss some of the important risk factors that may affect our business, results of operations and financial condition. Broadcom Inc. Nov 04, 2019, 08:48 ET. SAN … Reaffirms Fiscal Year 2019 Revenue Guidance. Broadcom's category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Management does not believe that these items are reflective of the Company's underlying performance. Acquisition will make Accenture Security one of the world’s leading providers of managed security services. Copyright © 2005 - 2021 Broadcom. SAN JOSE, Calif., Aug. 8, 2019 /PRNewswire/ -- Broadcom, Inc., (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced an agreement to acquire the enterprise security business of Symantec Corporation (NASDAQ: SYMC) for $10.7 billion in cash. 1 Broadcom's 2020 first fiscal quarter begins November 4, 2019. The financial results provided below do not include any contribution from the Symantec Enterprise Security business. Share this article. Symantec Enterprise; Events. A reconciliation of Broadcom's GAAP to non-GAAP historical financial data is available in the Investor Center on its website. Yesterday, Symantec inked a deal with Broadcom to sell its Enterprise Security unit for $10.7 billion. Symantec shares have jumped in response to claims that Broadcom may be considering the acquisition of the cybersecurity company. "Symantec's Enterprise Security business expands our footprint of mission critical infrastructure software for the Global 2000. Broadcom today also reaffirmed its fiscal year 2019 revenue guidance of $22.5 billion, with $17.5 billion from semiconductor solutions and $5 billion from infrastructure software, as last provided in its second quarter fiscal year 2019 earnings release on June 13, 2019. The term "Broadcom" refers to Broadcom Inc. and/or its subsidiaries. Symantec Corp. is no longer Symantec, as the company changed its name following the completion today of Broadcom Inc.’s acquisition of its enterprise security … With product lines across endpoint security, web security services, cloud security and data loss prevention, Symantec's enterprise security business offers its customers a best-in-class suite of integrated enterprise security solutions. These non-GAAP measures are provided in addition to, and not as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. Actual results may vary from the estimates provided. Investor Relations A webcast of the conference call will also be available in the "Investors" section of Broadcom's website at https://investors.broadcom.com. Broadcom expects its current dividend policy of delivering 50% of its prior fiscal year free cash flow to shareholders to remain unchanged. Passcode is 7958018. http://www.prnewswire.com/news-releases/broadcom-completes-acquisition-of-symantec-enterprise-security-business-300950721.html. However, Broadcom now intends to utilize excess cash flow beyond its dividend payments to focus on rapidly paying down debt as opposed to stock repurchases. Accordingly, you should not place undue reliance on such statements. Media reports say that Broadcom AVGO is acquiring security software maker Symantec SYMC for $15 billion. Announces Senior Leadership Appointments to Drive Continued Growth and Success. Mr. Gilliland most recently served as General Manager of Symantec's Enterprise Security business where he oversaw the Enterprise Security product and engineering teams, Enterprise Security Worldwide Sales and the Enterprise Security customer support organization. Broadcom’s acquisition of Symantec has been completed, and with that, the latter brand is set to disappear for good. Enterprise Software; Mainframe Software; Symantec Enterprise; Symantec Privileged Access Management View Only Community Home Threads 6.6K; Library 413; Blogs 56; Events 0; Members 735; Announcement regarding Layer7 Privileged Access … Broadcom does not undertake any intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this announcement, whether as a result of new information, future events or otherwise, except as required by law. Broadcom Inc. This was more than offset by our … Following the closing of the transaction, Broadcom will own and incorporate the Symantec brand name into the Broadcom portfolio. The term "Broadcom" refers to Broadcom Inc. and/or its subsidiaries. 408-433-8000investor.relations@broadcom.com, Joele Frank / Steve Frankel / Andi RoseJoele Frank, Wilkinson Brimmer Katcher A replay of the call will be available for one week by dialing (800) 585-8367 (US) or +1 (404) 537-3406 (International) and the passcode is 7958018. Symantec has not released the financial details for most of these mergers and acquisitions. Company expects to issue a $12 per share special dividend to Symantec shareholders after close of … Chipmaker Broadcom formally announced its acquisition of Symantec's enterprise business after the closing bell on Thursday. A live webcast and the accompanying presentation relating to the transaction will be available in the "Investors" section of Broadcom's website at https://investors.broadcom.com in advance of the conference call. Broadcom is … Announces Commencement of Private Offering of Senior Notes and Concurrent Tender Offers and Consent Solicitations. 212-355-4449. Broadcom believes access to the investment grade credit market is fundamental to its strategy and fully intends to maintain its investment grade credit rating. The addition of Symantec's enterprise security portfolio will significantly expand Broadcom's infrastructure software footprint as it continues to build one of the world's leading infrastructure technology companies. These forward-looking statements are based on current expectations and beliefs of Broadcom's management, as well as assumptions made by, and information currently available to, Broadcom's management, current market trends and market conditions and involve risks and uncertainties, many of which are outside of Broadcom's and Broadcom's management's control, and which may cause actual results to differ materially from those contained in forward-looking statements. Strategic partnerships to expand reach and deliver superior customer experienceSAN JOSE, Calif., Dec. 09, 2020 (GLOBE NEWSWIRE) -- Broadcom Inc. … We are pleased to welcome the talented team of employees at Symantec Enterprise Security to the Broadcom family. Hock Tan, President and Chief Executive Officer of Broadcom, said, "M&A has played a central role in Broadcom's growth strategy and this transaction represents the next logical step in our strategy following our acquisitions of Brocade and CA Technologies. Broadcom to Acquire Symantec Enterprise Security Business August 8, 2019. In 2019, Broadcom was announced the 5th best stock of the 2010s, with a total return of 1,956%. Symantec Announces Sale of Enterprise Security Assets for $10.7 Billion to Broadcom. Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. On January 7, 2020, Accenture plc had agreed to acquire Symantec's 300-person cybersecurity services division from Broadcom. Broadcom has obtained $23 billion in financing ahead of a potential acquisition of Symantec. The transaction is expected to generate more than $1 billion of run-rate cost synergies within 12 months following close. All rights reserved. Symantec's enterprise security business is recognized as an established leader in the growing enterprise security space and has developed some of the world's most powerful defense solutions that protect against today's evolving threat landscape and secure data from endpoint to cloud. This non-GAAP information includes the effect, where applicable, of purchase accounting on revenue, and excludes amortization of acquisition-related intangible assets, stock-based compensation expense, restructuring, impairment and disposal charges, acquisition-related costs, including integration costs, purchase accounting effect on inventory, litigation settlements, debt-related costs, gain (loss) on extinguishment of debt, gain (loss) on dispositions of acquisition-related assets, income (loss) from discontinued operations and non-GAAP tax reconciling adjustments. 212-355-4449, View original content:http://www.prnewswire.com/news-releases/broadcom-completes-acquisition-of-symantec-enterprise-security-business-300950721.html, Broadcom Completes Acquisition of Symantec Enterprise Security Business. ", "We are excited to join Broadcom as it continues to build one of the world's leading infrastructure technology companies," said Mr. Gilliland. The formal announcement could be … A purchase of Symantec would bring Broadcom a fresh chance to sort out a large, underperforming software company. Conference call date: August 8, 2019 Copyright © 2005 - 2021 Broadcom. Symantec Endpoint Protection Bridge cannot read the required user rights that are specified in the Windows domain security policies on this computer. The exclusion of these and other similar items from Broadcom's non-GAAP financial results should not be interpreted as implying that these items are non-recurring, infrequent or unusual. All the latest Broadcom news -- product and financial -- can be found in the Broadcom newsroom. Financial terms were … Broadcom pushes partners, customers to replace existing licenses, while competitors try to displace accounts. In October 2019, Broadcom was ordered by the European Union to stop allegedly anticompetitive practices. Check the user rights in your domain security policies manually. 408-433-8000investor.relations@Broadcom.com, Joele Frank / Steve Frankel / Andi RoseJoele Frank, Wilkinson Brimmer Katcher As of today, partners are no longer authorized to sell two popular Symantec products, Symantec Endpoint Protection Cloud and Symantec Endpoint Protection Small Business Edition. "Today represents an important milestone as Symantec's Enterprise Security business joins our other semiconductor and software franchises that together form the Broadcom platform," said Hock Tan, President and Chief Executive Officer of Broadcom. The Company completed its acquisition of the Symantec Enterprise Security business on November 4, 2019. Media reports say that Broadcom AVGO is acquiring security software maker Symantec SYMC for $15 billion. Dial in #: US (866) 610-1072, International +1 (973) 935-2840 Investor Relations Broadcom to Acquire Symantec Enterprise Security Business for $10.7 Billion in Cash August 8, 2019 Expands Broadcom's Infrastructure Software Footprint with Best-in-Class Suite of Integrated Enterprise Security Solutions Accelerates Broadcom's Efforts to Build One of the World's Leading Infrastructure Technology Companies 12/10/20 Broadcom Inc. These statements include, but are not limited to, statements regarding the expected completion and timing of the proposed transaction, expected benefits and costs of the proposed transaction, and management plans relating to the proposed transaction, and statements that address Broadcom's expected future business and financial performance and other statements identified by words such as "will", "expect", "believe", "anticipate", "estimate", "should", "intend", "plan", "potential", "predict" "project", "aim", and similar words, phrases or expressions. Particular uncertainties that could materially affect future results include risks associated with: our Symantec Corporation ("Symantec") transaction, including (1) potential difficulties in employee retention, (2) unexpected costs, charges or expenses, and (3) our ability to successfully integrate the Symantec enterprise business and achieve the anticipated benefits of the transaction; any loss of our significant customers and fluctuations in the timing and volume of significant customer demand; our dependence on contract manufacturing and outsourced supply chain; global economic conditions and concerns; any acquisitions we may make, such as delays, challenges and expenses associated with receiving governmental and regulatory approvals and satisfying other closing conditions, and with integrating acquired companies with our existing businesses and our ability to achieve the benefits, growth prospects and synergies expected by such acquisitions, including our recently completed transaction with Symantec; government regulations and trade restrictions; our ability to accurately estimate customers' demand and adjust our manufacturing and supply chain accordingly; our significant indebtedness, including the additional significant indebtedness that we have incurred in connection with the Symantec transaction and the need to generate sufficient cash flows to service and repay such debt; dependence on and risks associated with distributors of our products; dependence on senior management and our ability to attract and retain qualified personnel; international political and economic conditions; involvement in legal and administrative proceedings; our dependency on a limited number of suppliers; quarterly and annual fluctuations in operating results; cyclicality in the semiconductor industry or in our target markets; our competitive performance and ability to continue achieving design wins with our customers, as well as the timing of any design wins; prolonged disruptions of our or our contract manufacturers' manufacturing facilities or other significant operations; our ability to improve our manufacturing efficiency and quality; our dependence on outsourced service providers for certain key business services and their ability to execute to our requirements; our ability to maintain or improve gross margin; our ability to protect our intellectual property and the unpredictability of any associated litigation expenses; compatibility of our software products with operating environments, platforms or third-party products; our ability to enter into satisfactory software license agreements; sales to our government clients; availability of third party software used in our products; use of open source code sources in our products; any expenses or reputational damage associated with resolving customer product warranty and indemnification claims; our ability to sell to new types of customers and to keep pace with technological advances; market acceptance of the end products into which our products are designed; our ability to protect against a breach of security systems; changes in accounting standards; fluctuations in foreign exchange rates; the amount and frequency of our stock repurchases; our provisions for income taxes and overall cash tax costs, legislation that may impact our overall cash tax costs and our ability to maintain tax concessions in certain jurisdictions; and other events and trends on a national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature. To find Endpoint Protection documentation, click the I think after Broadcom Acquisition CA No more need to reference Gen to CA it is time for Broadcom to return back the tool to its original famous name Cool:Gen 12/10/20 Broadcom Inc. BROADCOM TO ACQUIRE SYMANTEC ENTERPRISE SECURITY BUSINESS FOR $10.7 BILLION IN CASH Building one of the world’s leading infrastructure technology companies Cautionary Statement Regarding Forward-Looking Statements Of the companies that Symantec has acquired, 50 were based in the United States. With Broadcom’s recent announcement that Symantec Enterprise Protection has officially joined Broadcom, Symantec migrated the documentation to the Broadcom Symantec Security Tech Docs Portal. Deploying Symantec's enterprise security suite through Broadcom's channels will strengthen its differentiated portfolio license agreement (PLA) strategy of offering significant overall savings to customers, while creating a predictable, recurring revenue stream for its business that will drive returns for shareholders. Broadcom intends to fund the transaction with proceeds from new committed debt financing. Symantec's first acquisition was C&E Software on January 1, 1984, and the founder of C&E Software, Gordon Eubanks, became the new chief executive officer of Symantec.

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