Accenture to Buy Symantec's Cybersecurity Business from Broadcom

Date : 01/07/2020 @ 1:44PM
Source : Dow Jones News
Stock : Accenture Plc (ACN)
Quote : 180.59  -5.85 (-3.14%) @ 11:19PM
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Accenture to Buy Symantec's Cybersecurity Business from Broadcom

Accenture (NYSE:ACN)
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   By Dave Sebastian 
 

Accenture PLC (ACN) said it has agreed to buy Symantec's cybersecurity business from Broadcom Inc. (AVGO), which acquired Symantec Corp.'s enterprise-security business for $10.7 billion in 2019.

The deal is expected to close in March 2020, Accenture said Tuesday. Accenture didn't disclose terms of the transaction.

Symantec's cybersecurity-services business has more than 300 employees globally, Accenture said.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

January 07, 2020 08:29 ET (13:29 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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