Quick Answer: Is Symantec Owned By Chinese?

Does Norton own LifeLock?

LifeLock and Norton are now part of one company giving you all-in-one protection for your identity, devices and online privacy..

Is Symantec owned by Broadcom?

4, 2019 /PRNewswire/ — Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced that it has completed its acquisition of the Enterprise Security business of Symantec Corporation (NASDAQ: SYMC).

Is Symantec a Antivirus?

Symantec Endpoint Protection, developed by Broadcom Inc., is a security software suite that consists of anti-malware, intrusion prevention and firewall features for server and desktop computers. It has the largest market-share of any product for endpoint security.

Who is the CEO of Symantec?

Vincent Pilette (Nov 8, 2019–)NortonLifeLock/CEOFormer HP and Logitech CFO Vincent Pilette joined the company in May as CFO and was promoted Thursday to lead the $2.41 billion former consumer division of Symantec, now known as NortonLifeLock.

Is Symantec being acquired?

It was later restructured and on November 4, 2019, Symantec’s enterprise security business was acquired by Broadcom, while its consumer business remained a public company called NortonLifeLock. [21] This spells the end of Symantec as a security behemoth.

Is Symantec going out of business?

Error! Symantec, one of the biggest names in cybersecurity, has sold off the company’s name and enterprise business to Broadcom for $10.7 billion.

Is McAfee owned by Symantec?

At the same time, both companies have undergone significant transitions, with Symantec buying storage vendor Veritas in 2006 and then divesting that business 10 years later, while Intel bought McAfee in 2010 and then sold it in 2016.

What’s happening with Symantec?

Symantec completed the sale of its enterprise-security software business to Broadcom for $10.7 billion on Monday. The deal allows Broadcom to keep the Symantec name, so—voilà! —the former Symantec is now NortonLifeLock, which provides cybersecurity services to consumers and small businesses.

Who is Symantec owned by?

BroadcomBroadcom is buying Symantec’s enterprise security business for $10.7 billion, the companies announced Thursday. The deal effectively splits Symantec in two, with Broadcom taking ownership of its entire enterprise security portfolio and the Symantec brand name.

Is Norton still part of Symantec?

Norton, formerly known as Norton by Symantec, is a division of NortonLifeLock, and is based out of Mountain View, California. Since being acquired by the Symantec Corporation in 1990, Norton offered a variety of products and services related to digital security.

Is Symantec a US company?

U.S. NortonLifeLock Inc. (formerly known as Symantec /sɪˈmænˌtɛk/) is an American software company headquartered in Tempe, Arizona, United States. The company provides cybersecurity software and services.

Who buys Symantec?

Broadcom Inc.Broadcom Inc. said it agreed to buy Symantec Corp.’s division that serves business customers for $10.7 billion in cash, adding software designed to keep hackers out of corporate systems.