Broadcom Acquires Symantec Enterprise Security Business

Broadcom Acquires VMware

November 22, 2023

Cloud & SaaS

Broadcom Inc. completed its acquisition of VMware, Inc., a leading provider of multi-cloud and virtualization software, in a transaction valued at approximately $61 billion (plus assumed net debt). The deal brings VMware into Broadcom’s software portfolio to expand Broadcom’s infrastructure and cloud software capabilities and rebrand the combined software business under the VMware name.

Symphony Technology Group Acquires McAfee Enterprise Business

July 27, 2021

Cybersecurity

A consortium led by private equity firm Symphony Technology Group (STG) completed the acquisition of McAfee's Enterprise business in a transaction announced for $4.0 billion. The divestiture separates McAfee's enterprise security operations — which generated about $1.3 billion in FY2020 revenue and served the vast majority of Fortune 100 customers — allowing McAfee to focus on consumer security while STG invests to grow the standalone enterprise cybersecurity business.

Symantec Corporation Acquires Altiris Inc. for $830M

January 29, 2017

Software

Symantec Corporation agreed to acquire Altiris Inc. for approximately $830 million in cash ($33 per share) to expand its presence in the corporate software market. The deal, announced by Symantec, is expected to close in the second quarter pending regulatory and shareholder approvals and is intended to strengthen Symantec's enterprise management and IT asset-management capabilities.

Broadcom Inc. Acquires AppNeta

December 7, 2021

Cloud & SaaS

Broadcom Inc. announced the acquisition of AppNeta, a Boston-based SaaS provider of network performance and digital experience monitoring, to extend Broadcom's DX NetOps capabilities. The deal integrates AppNeta's end-to-end, internet-aware visibility into Broadcom's infrastructure and AIOps tooling to provide enterprises with improved digital experience management across cloud, SaaS and remote user environments.

Accenture Acquires Innotec Security

November 2, 2023

Cybersecurity

Accenture has acquired Madrid-based Innotec Security from parent company Entelgy Group, expanding its cybersecurity-as-a-service, cyber resilience, and managed security services capabilities in Spain. The deal adds approximately 500 cybersecurity professionals to Accenture Security and deepens Accenture's regional footprint and MSS capabilities across Spanish cities including Barcelona, Seville and the Basque Country.

SonicWall Acquires Banyan Security

December 26, 2023

Cybersecurity

SonicWall has acquired Banyan Security, a provider of security service edge (SSE) and zero-trust access solutions, in a deal completed December 26, 2023. The acquisition adds Banyan's cloud-native zero trust and ZTNA capabilities to SonicWall's portfolio to accelerate its SASE/SSE offerings and extend cloud-based secure access for customers and partners.