It was another volatile week across markets with coronavirus concerns remaining elevated and prompting a number of high-profile conference cancellations, including SXSW and the 2020 HIMSS Global Health Conference & Exhibition.
Read MoreAfter an on-again, off-again courtship, Broadcom (AVGO) and Symantec (SYMC) finally sealed the deal, albeit on a more limited basis than first rumored. Rather than acquiring the company outright, Broadcom will acquire Symantec’s Enterprise Security assets, including the Symantec brand, for $10.7 billion in cash.
Read MoreComing off a holiday-shortened week in which Broadcom (AVGO) was reportedly close to acquiring Symantec (SYMC) for north of $15 billion and subsequently rumored to also be considering a deal for privately-held Tibco, we expected more fireworks this week.
Read MoreMay the 4th be with you on this Star Wars Day. We were treated to another heavy dose of earnings this week, but we begin as always with a few strategic moves.
Read MoreM&A activity this week included a large EdTech transaction and a tuck-in deal in the market for SMB e-commerce solutions.
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