Why chipmaker Broadcom is spending large bucks for growing old enterprise software program corporations

Final yr Broadcom, a chipmaker, raised eyebrows when it acquired CA Applied sciences, an enterprise software program firm with a broad portfolio of merchandise, together with a large mainframe software program instruments enterprise. It paid near $19 billion for the privilege.

Then final week, the corporate opened up its pockets once more and forked over $10.7 billion for Symantec’s enterprise safety enterprise. That’s nearly $30 billion for 2 growing old enterprise software program corporations. There must be some sound technique behind these purchases, proper? Possibly.

Right here’s the factor about older software program corporations. They might not out-innovate the competitors anymore, however what they’ve going for them is a backlog of licensing income that seems to have worth.

readofadmin

Leave a Reply

Next Post

‘Personal’ and ‘hidden’ imply various things to Fb

Wed Aug 14 , 2019
Fb’s management made a fairly heavy-handed indications this yr that it believes Fb Teams are the way forward for the app, they introduced all of this alongside their odd declaration that “The longer term is personal.” Now, Fb is altering the language describing the visibility of privateness of teams. Because […]
Wordpress Social Share Plugin powered by Ultimatelysocial