As we begin to turn the page on another earnings season, a few trends were particularly notable during the third quarter of 2019. First, exposure to the public sector proved beneficial, especially for those doing business with the Federal government.
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 MoreIt was a busy week in software with several tuck-in acquisitions announced, a deluge of earnings to digest, and some notable executive changes. On the M&A front, Avalara (AVLR) acquired Portway International, a provider of Harmonized System classifications and customs brokerage services.
Read MoreWhereas headlines last week were dominated by large strategic acquisitions, this week saw a couple of companies shedding non-core assets. Business intelligence platform provider MicroStrategy (MSTR) sold its Voice.com domain for $30 million to Block.one, which plans to utilize the domain name to support the launch of a new blockchain-based social medial platform, Voice.
Read MoreWe made a pit stop in Indy to attend the United States Postal Service’s (USPS) National Postal Forum to start the week.
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