Broadcom acquired CA Technologies in 2018 and Symantec’s enterprise business in 2019.
Broadcom completed its acquisition of CA Technologies for about $18.9 billion in November 2018. In November 2019, it completed the purchase of Symantec’s enterprise-security business for about $10.7 billion, while the remaining consumer business became NortonLifeLock.
The acquisitions reflected Broadcom’s strategy of combining semiconductor operations with infrastructure software. Broadcom is a major supplier of chips for networking, broadband, wireless communications, storage, and data centers, while its software portfolio serves large organizations.
Broadcom Inc. is not the same as the original Broadcom Corporation. Avago Technologies acquired Broadcom Corporation in 2016 and adopted the Broadcom name; the resulting company later became one of the world’s most valuable chip-and-infrastructure firms.