Breaking News

Sony Expands Its Turntable Lineup with New Wireless Models ENDORFY introduces Atlas Electric desks Sony Unveils LinkBuds Clip Open Earbuds be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Deal Talks Between Symantec and Broadcom Said to Stall

Deal Talks Between Symantec and Broadcom Said to Stall

Enterprise & IT Jul 15,2019 0

Symantec and Broadcom have stopped their discussions for a proposed merger as the two sides couldn’t agree on a price, according to reports from loomberg and CNBC.

Broadcom sought to reduce its offer by more than $1.50 per share after determining in due diligence that it was no longer willing to meet the initially agreed-upon price of $28.25, according to the reports.

At $28.25 per share, Symantec would have been valued at about $17.5 billion.

While talks are off for now, they could be resumed if both parties are able to compromise on price or if Symantec comes under sufficient pressure to re-engage, the reports added.

Broadcom engaged in talks to buy the cybersecurity firm seeking to expand into the more profitable software business.

Representatives for Broadcom and Symantec couldn’t be reached for comments.

Tags: Symantecbroadcom
Previous Post
Qualcomm Announces Snapdragon 855 Plus Mobile Platform
Next Post
Alienware's Frank Azor Joins AMD

Related Posts

  • Broadcom Offers Commitments Concerning TV Set-top box and Modem Chipsets to End EU Antitrust Probe

  • AT&T, Palo Alto Networks and Broadcom Collaborate on a Disaggregated Scalable Firewall

  • TSMC and Broadcom Enhance the CoWoS Platform with First 2X Reticle Size Interposer

  • Broadcom Announces First Wi-Fi 6E Chip for Mobile Devices

  • Apple and Broadcom Ordered to Pay $1.1 Billion for Patent Infringement

  • Apple, Broadcom Sign $15 Billion Chip-Supply Deal

  • European Commission Imposes Measures on Broadcom's TV and Modem Chipsets Over Anticompetitive Practices

  • Broadcom Buys Symantec's Enterprise Security Assets for $10.7 Billion

Latest News

Sony Expands Its Turntable Lineup with New Wireless Models
Consumer Electronics

Sony Expands Its Turntable Lineup with New Wireless Models

ENDORFY introduces Atlas Electric desks
Gadgets

ENDORFY introduces Atlas Electric desks

Sony Unveils LinkBuds Clip Open Earbuds
Consumer Electronics

Sony Unveils LinkBuds Clip Open Earbuds

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym
Gaming

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym

ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router
Enterprise & IT

ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed