In a statement UK-based cybersecurity firm Avast Plc said, it was in advanced talks over a potential merger with NortonLifeLock Inc. If the negotiations are a success, it will result in a cash-and-share deal, said Avast. The company however cautioned thar there is no certainty that a deal will be agreed. Late on Wednesday, NortonLifeLock…
Although China’s Huawei Technologies has been consistently denying for years that it has not violating American trade sanctions on Iran, internal documents from the company which dates back to 2010 show that it was directly involved in sending prohibited U.S. computer equipment to Iran’s largest mobile-phone operator. As per internal documents from Huawei, two of…
The $10 billion deal could be announced later today. On Thursday, sources familiar with the matter at hand stated, Broadcom Inc is in advanced talks to acquire Symantec Corp’s enterprise business. Sources have cautioned that it is possible that a deal may be reached by the time Symantec announces its earnings. Negotiations could also last…
This is a threat since cyber-criminals are increasingly interested in monitoring the movement of influential business professionals as well as government employees. According to a research report released by Symantec Corp, two out of three hotel websites have inadvertently leaked guests’ booking details as well as personal data to third-party sites, including advertisers and analytics…
Starboard, which has nominated 5 members to Symantec’s board, intends to boost Symantec’s margins. On Thursday, as per a report from The Wall Street Journal, Starboard Value LP, an activist investor, has taken a 5.8% stake in Symantec Corp and is looking to take at least 5 seats in its Board of Directors. The WSJ…
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