Broadcom Said to Be in Talks to Buy Symantec

The transcript discusses Broadcom's unexpected move into software acquisitions, particularly its deal with Symantec. Despite being known for hardware, Broadcom is pivoting towards software, raising questions about potential synergies. The transcript compares this move to Intel's acquisition of McAfee, which faced challenges. Broadcom's CEO, Hock Tan, is determined to continue growing through acquisitions, despite past setbacks like the blocked Qualcomm deal.

What is surprising about Broadcom's recent acquisition strategy?

• They have never acquired a company before.

• They have always focused on software.

• They are known for frequent acquisitions.

• They are moving into software from chips.

Why is the acquisition of Symantec by Broadcom considered expensive?

• Symantec is a new company.

• The synergies between the two companies are unclear.

• Broadcom has a history of failed acquisitions.

• Symantec is a hardware company.

What was a similar acquisition to Broadcom's purchase of Symantec?

• Qualcomm's acquisition of Broadcom

• Intel's acquisition of McAfee

• CA Technologies' acquisition of Symantec

• Broadcom's acquisition of Qualcomm

What was the outcome of Intel's acquisition of McAfee?

• It was spun off due to lack of synergies.

• It resulted in a new chip technology.

• It was a huge success.

• It led to a merger with Broadcom.

What is Hock Tan's approach to growing Broadcom?

• Shifting focus to hardware manufacturing

• Continuing to grow through acquisitions

• Avoiding acquisitions after the Qualcomm deal

• Focusing solely on chip development