Broadcom Axes Carbon Black Sale, to Merge Unit with Symantec

CEO Hock Tan: Joining Carbon Black, Symantec Generates More Value for Shareholders
Months 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.

back broadcom carbon carbon black ceo endpoint endpoint security merge sale security security team shareholders symantec team value