Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Endpoint Security

Broadcom Merges Symantec and Carbon Black Into New Business Unit

Fresh off its $69 billion acquisition of VMware, Broadcom creates an Enterprise Security Group unit that merges Symantec and Carbon Black.

Technology giant Broadcom on Monday announced the merger of the Carbon Black and Symantec businesses into a new unit tasked with combining network and data telemetry with Endpoint Detection and Response (EDR) technologies.

Fresh off its $69 billion acquisition of VMware (which owned Carbon Black), Broadcom created a new Enterprise Security Group business unit to manage its cybersecurity portfolio and work on fusing the best of Symantec’s data and network protection tools with Carbon Black’s EDR and application control products.

Broadcom acquired Symantec back in 2019 for $10.7 billion. 

“Bringing both network and data telemetry to Carbon Black will enable greater visibility and control for our joint customers,” said Rob Greer, VP and general manager of the new Enterprise Security Group.

“Initially, we will invest in R&D to improve – and extend the life — of the products our customers are using both on-prem and across hybrid clouds. We also are excited about the complementary nature of both sets of technologies. For example, Symantec has a data center security product to protect traditional workloads in the data center. Carbon Black has a complementary solution. With access to these two technology sets, defenders will be even better equipped to protect their infrastructures,” he added.

Greer said the Symantec and Carbon Black product portfolios will continue to operate in their current states for the immediate future, noting that both brands will be backed by the financial stability of Broadcom.

Related: Broadcom to Complete $69 Billion Acquisition of VMware

Related: Accenture Purchases Symantec Security Services Unit from Broadcom

Advertisement. Scroll to continue reading.

Related: Broadcom Buys Symantec Enterprise Unit for $10.7 Billion

Related: VMware to Absorb Broadcom Security Solutions After $61B Deal

Written By

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

People on the Move

Mike Dube has joined cloud security company Aqua Security as CRO.

Cody Barrow has been appointed as CEO of threat intelligence company EclecticIQ.

Shay Mowlem has been named CMO of runtime and application security company Contrast Security.

More People On The Move

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Endpoint Security

Today, on January 10, 2023, Windows 7 Extended Security Updates (ESU) and Windows 8.1 have reached their end of support dates.

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...

Funding/M&A

Thirty-five cybersecurity-related M&A deals were announced in February 2023

Funding/M&A

Forty-one cybersecurity-related M&A deals were announced in March 2023.