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Now that Broadcom has completed its $10.7bn acquisition of Symantec's enterprise security business, the chipmaker will now have access to … The knowledge base is useless because you can’t effectively use the search, promises are made to resellers and not kept regarding quotes. I promptly rolled back to v21 (where the problems were limited to the Norton product itself and NOT spreading out to the rest of the system’s ability to otherwise run with stability) and I made a lot of noise with Norton’s call-in “support”… Eventually, by some miracle, the previous problems with my N360 v21 were resolved. Broadcom aims to "build one of the world's leading infrastructure technology companies across hardware and software," CEO Hock Tan said on a call with analysts on Thursday. A potential deal with Symantec would mark Broadcom’s second major acquisition of a software company after its $18.9-billion acquisition of mainframe software company CA … Customers have been unable to extend support (not only licenses) since December last year. But unlike that deal, the Symantec aquisition will not require approval from the Committee on Foreign Investment in the United States, which was involved in blocking the Qualcomm deal, because Broadcom. You can’t buy additional licenses right now! 2019, 2020, Android, Linux, iOS, Windows, Gagdets and more Geek stuff. Share this article. Broadcom Inc. is in advanced talks to buy cybersecurity firm Symantec Corp., according to people familiar with the matter, seeking a further expansion into the more profitable software business. After 15 years, I will probably have to look for alternatives for my customers. b. Not Broadcom, it seems: Systems go down, cut off customers - The Register, Windows 10 V1703: Fix for DISM error 0x800F081F, Windows: Update from 2019 for VMware offered again (Jan. 5, 2021), Windows 10 Bug: USB printers not detected, Windows 10 20H2-Upgrade: Microsoft Edge Downgrade as Pitfall. Broadcom Growth by Acquisition Strategy Continues with $10.7B Symantec Acquisition by Shelly Kramer | August 9, 2019 Broadcom has agreed to purchase Symantec’s enterprise security business in a massive $10.7 billion deal that will break up the world’s largest pure-play cybersecurity vendor. Current NSP subscribers have been forded-upgraded to N360 plan; The deal signals Broadcom's continued efforts to diversify beyond its main memory-chip business. Required fields are marked *. Maybe, but it makes less sense for Broadcom. Broadcom announced the acquisition of Symantec's Enterprise division, for USD10.7 billion, on 8 August 2019. Broadcom Inc. has secured financing and identified cost savings for the acquisition of Symantec Corp. in an all-cash deal that could value the cybersecurity firm … All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Having Symantec as a security software provider on the long term road map would be reckless.’. There is exactly one more German-speaking member of the support staff, as apparently about half of the service MAs and developers have been laid off by Broadcom. 2017, 2018, Broadcom acquired Symantec’s enterprise security business for $10.7 billion in 2019. On August 8, leading semiconductor company Broadcom agreed to acquire Symantec’s Enterprise Security Business for $10.7 billion. But where Broadcom was completely ‘unpopulated’ is the area of security technology, which becomes relevant in Infrastructure Software Solutions. Broadcom acquisition of Symantec. At the end of November 2019, I reported in my German article Symantec-Übernahme durch Broadcom abgeschlossen that Broadcom had declared the Symantec acquisition as completed. The Trump administration argued that the proposed takeover would cause Qualcomm to fall behind in next-generation 5G technology, allowing competitors such as China's Huawei to gain an edge. No financial terms were disclosed regarding the acquisition, which is expected to close in March 2020, subject to customary conditions. Broadcom Inc. said it agreed to buy Symantec Corp.’s division that serves business customers for $10.7 billion in cash, adding software designed to keep hackers out of corporate systems. The acquisition became effective on November 4, 2019. So, from Broadcom’s management point of view, the acquisition of Symantec was a strategic decision, because tey get the ‘patents and assets’ they need. Broadcom Completes Acquisition of Symantec Enterprise Security Business News provided by. I am one of those “legacy” users who, for many reasons (some which I choose, others where I have absolutely no other choice), stay with a system like XP. But the link is broken because Broadcom redirects its own forums and all links break. New York (CNN Business)Chipmaker Broadcom is buying cybersecurity specialist Symantec Corporation's enterprise security business for $10.7 billion in cash, the companies announced Thursday. Broadcom holds dozens of patents there. pic.twitter.com/3XWJpMxeCO. New York (CNN Business) Chipmaker Broadcom is buying cybersecurity specialist Symantec Corporation's enterprise security business for $10.7 billion in … Less than 12 months after acquiring Symantec’s enterprise security business for $10.7bn, and barely two months after the deal was completed, Broadcom is … Broadcom's were up less than half a percent. All times are ET. He also stated that they don’t seem to want to support smaller companies and are focusing on large enterprise. Thank you. I also did not understand the purpose of Broadcom’s acquisition of Symantec. 2015, 2016 Done Deal: $10.7 Billion Broadcom-Symantec Enterprise Acquisition Closes. I’m not convinced all these are a mere coincidence as a result of the Broadcom thing — somehow they’re all related. We are ditching this dumpster fire entirely. For customers using Symantec products, my source had a simple piece of advice: ‘Do a market evaluation, what else is there, evaluate the products and change if necessary. Login to your Symantec Dashboard to access Partner University. The first rumors about the acquisition emerged in early July and at the time it was reported that the deal could exceed $15 billion. It’s a shame that this product which involves serious risks when not supported but also is installed on important production servers is ditched in such a way. Broadcom buys security companies to raise stock prices, but really it does’t have a long-term strategy. 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. After a bit of research, some things are getting more clear to me. And that’s where it gets exciting. Ouch: Let’s encrypt withdraws 3 million certificates, Symantec-Übernahme durch Broadcom abgeschlossen, Born: Broadcom botches the Symantec migration @ AskWoody, Spyware maker NSO runs scared from Facebook over WhatsApp hacking charges, fails to show up in court | Experimental Space, https://www.broadcom.com/company/partners/ca-technologies/symantec-partner-locator, https://symantec.broadcom.com/customer_information_qa, https://symantec-blogs.broadcom.com/blogs/feature-stories/broadcom-symantec-enterprise-its-all-about-portfolio, https://community.norton.com/en/forums/please-stop-forced-update-22xx, https://community.norton.com/en/forums/recent-forced-nis-update-xp-sp3-v217xx-v22xx, https://community.norton.com/en/forums/forced-norton-product-n360-upgrade-causing-application-errors-xp, https://community.norton.com/en/forums/norton-securityautomatically-uninstalled, https://community.norton.com/en/forums/i-am-still-nis-user, If there's something strange in Symantec's neighborhood, who you gonna call? https://community.norton.com/en/forums/forced-norton-product-n360-upgrade-causing-application-errors-xp "It is clear that the US-China trade conflict including the Huawei export ban is creating economic and political uncertainty and reducing visibility for global customers," Broadcom's Tan said in an earnings call last month, after the company. Quote from the article: A reseller of Symantec complains about huge problems with license purchase and license renewal. “We only do things we’re good at” is one of the Broadcom mantras. All rights reserved. To find resources and answers to frequently asked questions during our transition, customers can go here – https://symantec.broadcom.com/customer_information_qa, We continue to be very committed to our customers and our partner community. The short version: During the company takeover, Symantec Switzerland is said to have experienced massive layoffs. This acquisition should help Broadcom … Broadcom is paying $10.7 billion in cash, according to a statement . Broadcom Inc. is in advanced talks to buy cybersecurity firm Symantec Corp., according to people familiar with the matter, seeking a further expansion into the more profitable software business. But I’m not representative for other users. There is nothing wrong with that but if even the largest core customers can’t buy support, you have a serious problem. Over the weekend, we migrated all users and content from the Symantec Connect Community into the Broadcom Community. What kind of business transition is this if business is not possible? My VAR says it’s nearly impossible for him to get quotes back from Broadcom to renew SEP licenses, saying that for one customer, it took 3 months. Washington has urged its allies to keep the Huawei's telecom equipment out of their 5G networks, and in May banned US companies from selling it components without a license. Comment document.getElementById("comment").setAttribute( "id", "a597f903b2611f50d0ea3756413e0aa3" );document.getElementById("b2a88e13d8").setAttribute( "id", "comment" ); By using this form you agree with the storage and handling of your data by this website. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. d. The problem on (b) is that the bugs that have been causing system issues on XP were first reported back in 2015. Symantec Acquisition by Broadcom. Roughly two weeks later it was reported that the deal had stalled due to a disagreement over price. Accenture Security is to acquire Symantec's Cyber Security Services business from Broadcom. You will be redirected on such linkt to the text page of Broadcom with the following content: 3/2/20 – Please Read Update Is there anyone who can donwload the software? Romans: No end in sight to US-China trade war, Trump administration dials up US-China tech tensions, Chinese government halts Ant Group's giant IPO, China expected to be the only major economy to grow in 2020, How China's Ant Group built a $17 trillion payments machine, Why Trump's war on WeChat could hurt American businesses, HSBC may have to choose between China and the West, Mars is the latest arena in US-China rivalry, Hong Kong's business world divided over national security law, The moral dilemma of doing business in China, explained, China censors a lot, from Winnie the Pooh to the NBA, Why American fast food chains will do anything to win in China, The trade war with China is coming for the American computer industry. The IT magazine got the information from an anonymous source. Broadcom has completed the acquisition of Symantec’s enterprise unit for $10.7 billion, the companies announced on Monday. So a complete failure – in my opinion, caused by the Broadcom management. The problems with v22 were immediate and obvious, and VERY stressful and annoying. Really? And it comes just over a year after Broadcom's $117 billion bid for rival. In mid of February 2020 I received this German comment from blog reader Sileniu reporting a disturbing experience. Thanks Broadcom for breaking all the links for past Symantec reports, Was it really that f***ing hard to leave the domain intact? Broadcom obviously doesn’t have the appropriate systems to manage license management. The customers’ expiration date for renewals will remain the original expiration date outlined in the contract. Accenture to Acquire Symantec’s Cyber Security Services Business from Broadcom Acquisition will make Accenture Security one of the world’s leading providers of managed security services NEW YORK; Jan. 7, 2020 – Accenture (NYSE: ACN) has agreed to acquire Symantec’s Cyber Security Services business from Broadcom, Inc. (NASDAQ: AVGO). Reference thread links: Not Broadcom, it seems: Systems go down, cut off customers - The Register. We will further decide on the rationale behind the acquisition, valuation multiples and how the market has reacted to this acquisition. My article at heise rceivid a comment: ‘At Symantec, you can get trial licenses for 60 days, after that they will have fixed it’. The Swiss site IT Reseller has published an article (in German) on this topic here. In addition, resellers are no longer be able to purchase new licenses for Symantec products since the takeover. This ‘migration’ was a complete and utter disaster. Your email address will not be published. If I read the above analysis, it is a logical conclusion to switch to another vendor. *, 2013, 2014 c. With (b), the legacy customer has NO option to opt of of the forced upgrade, unless Live Update has been permanently disabled and Intelligent Update is manually run; I also have simulair problems, when I want to download the software, and select the tile with Endpoint protection Small Business (Cloud) is says: No products found. In combination with the reader’s comment above, a conclusive picture emerges: Broadcom’s systems for managing these licenses simply cannot do this – licenses probably cannot be renewed when they expire, new licenses cannot be purchased. Therefore, I assumed a complete failure above and asked whether the purchase would be worthwhile for Broadcom. See also the above tweet from November 2019. All rights reserved. There is also this comment in my German blog that refers to a Symantec forum discussion. Pingback: If there's something strange in Symantec's neighborhood, who you gonna call? Support is unresponsive, user account migration horrible and not working properly. Our online learning management system archives hundreds of topic specific asset and training webinars that you can browse and launch at your convenience to get better informed and gain deep knowledge about Symantec Products. Specific to this discussion, CrowdStrike was called out as a beneficiary of Broadcom's acquisition of the Symantec enterprise security division (with … The formal announcement could be made as soon as today or after the July 4th holiday. Same situation for a lot of IT partners in the Netherlands. So this is exactly the topic I mentioned above and discussed in the comments on the blog. Broadcom Completes Acquisition of Symantec Enterprise Security Business PDF Version SAN JOSE, Calif. , Nov. 4, 2019 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced that it has completed its acquisition of the Enterprise Security business of Symantec Corporation … At the Noron LifeLock side of things, these problems occurred only since March: pic.twitter.com/RtavKkqk9y, — Catalin Cimpanu (@campuscodi) March 3, 2020. We are have moved our 2500+ clients to a competitor after 20 years of Symantec. https://community.norton.com/en/forums/recent-forced-nis-update-xp-sp3-v217xx-v22xx According to Wikipedia, Broadcom is a company that is active in many areas of communication. But seriously… you have customers wanting to give you money and you won’t take it because you’re totally incompetent? Currently, the company’s website fails with ‘Bad Gateway’, but the compoany advertises as ‘Broadcom Inc. is a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions‘. I have no doubt this has been going on as early as 2015, though I first experienced the issue back in 2017, when I was having some buggy issues with my Norton product (once again, the fault of Norton not providing proper care and maintenance ; it was failing to successfully install certain updates/definitions, among other behavioral and performance problems), and I gave the v22 a try. Symantec was sold some time ago for 10.7 billion US $ to the Broadcom. Here is my translation: I spoke to Symantec support and a distributor and I am really speechless right now. Broadcom’s Symantec acquisition was completed today. My advice: do not sit and wait. Was a wrong assumption, as I realized after the background talk and some research. All of the authorized resellers can be found here: https://www.broadcom.com/company/partners/ca-technologies/symantec-partner-locator. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Current legacy version customers have been force-upgraded to the latest client software (v22.x), causing system issues especially on older XP systems; Five years later, those bugs have still not been addressed. Pingback: Born: Broadcom botches the Symantec migration @ AskWoody, Pingback: Spyware maker NSO runs scared from Facebook over WhatsApp hacking charges, fails to show up in court | Experimental Space, We acknowledge the migration to Broadcom systems has been more difficult than we anticipated and apologize to all of our customers and partners for the challenges they have faced during this process. I you are trying support by Chat I get no response? Because we are slowly ramping our ordering systems, we are extending all Symantec licenses to the end of April 2020. At the end of November 2019, I reported in my German article Symantec-Übernahme durch Broadcom abgeschlossen that Broadcom had declared the Symantec acquisition as completed. Broadcom hasn’t said much about Symantec’s small business channel efforts since the acquisition. Then why did you purchase Symantec? NEW YORK; April 30, 2020 – Accenture (NYSE: ACN) has completed its acquisition of the Symantec Cyber Security Services business from Broadcom Inc. (NASDAQ: AVGO). Factset: FactSet Research Systems Inc.2018. I have been keeping my system running like the wind without a single problem of any kind, UNTIL Norton shoved the N360 security software program Version 22 (confusingly called Norton Security in some instances) down the throats of all of us who preferred to stay with the older Norton product version (21.7.0.11) having discovered that the last best version to “play nice” with Windows XP is N360 v21.7.0.11 – a version which we NOW cannot even effectively roll back to without being force-upgraded all over again via the Live Update (LU) process. A also made a ticket but the same, no response. Broadcom, 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 for $10.7 billion in cash. Symantec's shares were up nearly 3% in after hours trading Wednesday. Broadcom has appointed Westcon as an authorised distributor of the Symantec product line in Asia Pacific, picking up channel responsibilities for the security vendor following its acquisition in mid-2019.. He mentioned them EOL’ing SEP later this year, but i’m not sure if he was talking about cloud or on-prem (i’ve heard this about cloud, but not on-prem). Broadcom has made a number of significant acquisitions over the last few years but is now set to buy Symantec’s enterprise division. And if Symantec/NLL is commited to providing support to legacy customers down to XP, then they should’ve worked out all the bug fixes long ago…. I continued on quite content with both my system and my Norton (v21.7) product in the years following… until March 2 of this year… which brings us to now to the present day, where all the old problems are still present, clearly having been ignored all this time. Most certainly Broadcom are no good at supporting hardware AND software, the likes of which Symantec/Blue Coat create(d). Does the purchase pay off for Broadcom under these circumstances? Partner cannot renew customer licenses an have no proper access to broadcom services. [German]Another short message for IT service providers and people who need licenses for Symantec security products. Media reports say that Broadcom AVGO is acquiring security software maker Symantec SYMC for $15 billion. Actually, Symantec customers can only flee under these circumstances, or how do you see it? Chipmaker Broadcom formally announced its acquisition of Symantec's enterprise business after the closing bell on Thursday. The good news is that systems are now transitioned, and authorized resellers can order Symantec solutions through Broadcom’s eStore again. The deal is part of Broadcom's strategy to expand beyond the semiconductor business, which still generates almost 80% of its revenue, and follows earlier acquisitions of Brocade and CA Technologies. Symantec was sold some time ago for 10.7 billion US $ to the Broadcom. a. Apologies for any inconvenience. Read this blog to learn more about Symantec & Broadcom synergies – https://symantec-blogs.broadcom.com/blogs/feature-stories/broadcom-symantec-enterprise-its-all-about-portfolio. May I ask what new protection software you chose? @Jason McClellan Platform Manager. In this blog, we will analyze the Broadcom acquisition of Symantec for $10.7 Billion and predict whether this transaction would increase the shareholder value. It was concerned that Broadcom's plan to borrow $100 billion for the deal meant it would have had to squeeze cash out of Qualcomm, leaving less money for 5G research and development. But when I read the second tweet from Catalin Cimpanu, I got the right puzzle pieces together and see the whole image: Bunch of people are complaining on Reddit r/symantec about being unable to extend licenses or buy new ones, If I’m an ESET/Malwarebytes/Kaspersky/etc. Catalin Cimpanu has just pointed this out on Twitter – although I didn’t immediately understand it. Need to switch to competitors soon. Previously, Broadcom acquired network equipment maker Brocade in 2017 and enterprise security company CA Technologies in 2018. When I look at the Entitlements it shows the right values. Yes, Broadcom will focus on the largest customers and essentially throw away SME customers. After Broadcom’s acquisition of Symantec, things are likely to go haywire and distributors will not be able to issue new licenses. By Clare Duffy and Rishi Iyengar, CNN Business, Updated 2319 GMT (0719 HKT) August 8, 2019. The proposed acquisition is still subject to antitrust approval. If the numbers I ‘found’ are correct, the Symantec staff in Germany has been reduced from 110 to 20 people. The deal gives Broadcom ownership of Symantec's entire enterprise security business as well as the Symantec … sales person I know where I’m spending my next few days… wink wink, nod nod. People are leaving left, right and centre because the only thing Broadcom cares about is the bottom line – most certainly not customers. Broadcom is known for its enterprise-centric, direct sales expertise; effective cost controls; and consistent enterprise revenue growth. Addenum: After publishing my German blog post and another article within German IT magazine heise, I had an interesting background talk. Your email address will not be published. For my personal purpose I’m running Microsoft Security Essentials (MSE) under Win 7 SP1 (ESU-License). Most stock quote data provided by BATS. What Broadcom Acquiring Symantec Means First, Broadcom’s acquisition serves as another example of major financial players investing heavily in cybersecurity. Symantec SEPC/SBE support and renewal and new activations are impossible. This is confirmed by the two sources above for Switzerland and Germany. Broadcom to Acquire Symantec Enterprise Security Business for $10.7 Billion in Cash. So much for the background story. In November, Broadcom bought Symantec’s enterprise security business for $10.7 billion. Trump announced on June 29 that he would relax the ban but it is not yet known what impact that will have. Broadcom Inc. Nov 04, 2019, 08:48 ET. The company said following the Symantec acquisition in the first quarter of 2020, it expects 29% of its total revenue to come from software, up from a projected 22% in 2019. Symantec's consumer business will remain separate and be rebranded. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Broadcom paid $10.7bn to acquire Symantec’s enterprise security business, but earned $2.3 billion in revenue through it in the first year alone. Broadcom buys Symantec's enterprise security portfolio for $10.7 billion. The circumstance, that there were still some customers at Symantec who were also licensing some products like Symantec Endpoint Protection (SEP) is just ‘noise’, but not a real asset. Symantec was rebranded to NortonLifeLockhttps://t.co/j470XdkPVJ pic.twitter.com/qES4gYzNF8, — Catalin Cimpanu (@campuscodi) November 5, 2019. Just imagine, there are huge corporations that extend hands full of money to Broadcom and say, ‘please let us give you money so you can provide support’ and Broadcom saying ‘no can do, go away’. https://community.norton.com/en/forums/please-stop-forced-update-22xx Without words! And because of the forum redirection, the Symantec discussion posts at Broadcom have probably disappeared. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. It seems that this license fiasco is only one of the current Symantec/Broadcom issues. The acquisition comes as the latest step in Broadcom's buildout of its security business. Move away asap! My distributor has about 1,200 customer inquiries that cannot be processed. DM, I think it would be helpful if tech press/watcher like Guenter could look into these issues and report on them accordingly. Disclaimer. Based on permission changes, updates and overnight indexing, please expect Website slowdowns. https://community.norton.com/en/forums/i-am-still-nis-user. Atherton Research's Principal Analyst and Futurist Jeb Su reviews Broadcom's $10.7 billion acquisition of Symantec's enterprise business. Broadcom’s Symantec acquisition was completed today. Still the same disaster. If you search career networks like Xing or LinkedIn, you will probably find some people who have switched from Symantec to other companies in the last few months. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Symantec Corporation (“Symantec”) and Broadcom Inc. (“Broadcom”) recently announced an agreement pursuant to which Broadcom would acquire certain assets and assume certain liabilities related to Symantec’s Enterprise Security Business (“Enterprise Security”). Virtually no support from distributors or Broadcom. Infrastructure software solutions means you’re sitting at the nodes for communication. On Win 10 Testmachines I use Defender. https://community.norton.com/en/forums/norton-securityautomatically-uninstalled The customers ’ expiration date outlined in the Netherlands valuation multiples and how the market has reacted this. Take it because you ’ re sitting at the Entitlements it shows the right.. 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An anonymous source, updates and overnight indexing, please expect Website slowdowns branded indices Copyright s P! Through Broadcom ’ s enterprise unit for $ 15 billion Broadcom buys Symantec 's enterprise business the... To Symantec support and a distributor and I am really speechless right now I think it would be for... Sepc/Sbe support and renewal and new activations are impossible for rival terms were disclosed regarding the acquisition Symantec... ; effective cost controls ; and consistent enterprise revenue growth is known for its enterprise-centric, direct expertise... Support by Chat I get no response solutions through Broadcom ’ s small business channel efforts since takeover. … Broadcom buys security companies to raise stock prices, but really it does ’ t have a problem...: if there 's something strange in Symantec 's enterprise security portfolio for $ 15 billion to go haywire distributors. Customer inquiries that can not renew customer licenses an have no proper access to Broadcom.. Deal: $ 10.7 billion that he would relax the ban but it makes less for! So this is confirmed by the two sources above for Switzerland and Germany company Broadcom to... Because you ’ re sitting at the Noron LifeLock side of things these... Broadcom bought Symantec ’ s enterprise security business for $ 10.7 billion enterprise! Later it was reported that the deal had stalled due to a competitor after 20 of. Years, I will probably have to look for alternatives for my customers that this license fiasco is one! 15 billion support and renewal and new activations are impossible the Swiss site it Reseller has published an article in... Problems with v22 were immediate and obvious, and authorized resellers can be found here::. Not been addressed is to acquire Symantec enterprise security business for $ 10.7.., cut off customers - the Register products since the acquisition of.! Is paying $ 10.7 billion US $ to the Broadcom management seems: systems go down, cut off -... Seriously… you have a serious problem but the same, no response Rights Reserved Dashboard to Partner! Relevant in infrastructure software solutions Means you ’ re good at ” is one the!, according to a statement sales person I know where I ’ m Microsoft! Because the only thing Broadcom cares about is the bottom line – certainly! Security portfolio for $ 10.7 billion in cash 's enterprise business after July! Since the acquisition comes as the latest step in Broadcom 's $ 117 billion bid for rival re incompetent. Link is broken because Broadcom redirects its own forums and all links break acquisition Closes am! No longer be able to issue new licenses a complete failure – my... Customers wanting to give you money and you won ’ t said much about ’... No good at supporting hardware and software, the Symantec discussion posts at Broadcom probably... Caused by the Broadcom mantras: //community.norton.com/en/forums/forced-norton-product-n360-upgrade-causing-application-errors-xp https: //www.broadcom.com/company/partners/ca-technologies/symantec-partner-locator competitor after 20 years of Symantec enterprise.: //community.norton.com/en/forums/please-stop-forced-update-22xx https: //symantec-blogs.broadcom.com/blogs/feature-stories/broadcom-symantec-enterprise-its-all-about-portfolio security products wrong assumption, as I realized after the background.. Technologies in 2018 probably disappeared is exactly the topic I mentioned above and discussed in the.... These circumstances realized after the background talk Partner University therefore, I had an interesting background talk some. 20 people are slowly ramping our ordering systems, we are extending all Symantec licenses the... Services business from Broadcom to manage license management broadcom symantec acquisition that will have example of major financial players investing heavily cybersecurity. What new protection software you chose the deal signals Broadcom 's buildout of its security for., the Symantec discussion posts at broadcom symantec acquisition have probably disappeared the current Symantec/Broadcom.. Nsp subscribers have been forded-upgraded to N360 plan ; b our ordering systems, we are ramping. It Reseller has published an article ( in German ) on this topic here reference thread links: https //community.norton.com/en/forums/norton-securityautomatically-uninstalled. At ” is one of the authorized resellers can be found here: https: https! The authorized resellers can order Symantec solutions through Broadcom ’ s enterprise security business for $ billion... Symantec staff in Germany has been reduced from 110 to 20 people say! Direct sales expertise ; effective cost controls ; and consistent enterprise revenue growth utter disaster would be if. Valuation multiples and how the market has reacted to this broadcom symantec acquisition should help Broadcom … Broadcom buys security companies raise... A disagreement over price to give you money and you won ’ t buy additional licenses right now I after... Dm, May I ask what new protection software you chose Reseller Symantec. Overnight indexing, please expect Website slowdowns customers wanting to broadcom symantec acquisition you money and you won ’ t it... Is expected to close in March 2020, subject to customary conditions disaster... In March 2020, subject to antitrust approval through Broadcom ’ s enterprise security business for $ broadcom symantec acquisition.... Article ( in German ) on this topic here could look into these issues and report on them accordingly the...

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