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Bank Info Security 2 years, 4 months ago

Broadcom Axes Carbon Black Sale, to Merge Unit with Symantec

CEO Hock Tan: Joining Carbon Black, Symantec Generates More Value for ShareholdersMonths after declaring "Carbon Black is Back," the endpoint security unit was gobbled up by Broadcom and folded into its Symantec security team. "We would generate more value to our shareholders by taking Carbon Black - which is not that big - and integrating it into Symantec," CEO Hock Tan said.

Bank Info Security 2 years, 4 months ago

What's Next for Carbon Black Now That Broadcom Sale Is Dead?

A Carbon Black-Symantec Marriage Would Combine 2 Low-Growth Endpoint Security TeamsCarbon Black won't be getting a new residence anytime soon after indications of interest in the organization fell short of Broadcom's expectations. The semiconductor giant had been looking to fetch $1 billion for the security firm - including debt - but offers at that dollar figure remained elusive.