Broadcom Said to Be in Talks to Buy Symantec

The transcript discusses Broadcom's unexpected move into software acquisitions, particularly its deal with Symantec. Despite being known for hardware, Broadcom is pivoting towards software, raising questions about potential synergies. The transcript compares this move to Intel's acquisition of McAfee, which faced challenges. Broadcom's CEO, Hock Tan, is determined to continue growing through acquisitions, despite past setbacks like the blocked Qualcomm deal.

What are the potential synergies that Broadcom might expect from acquiring Symantec?

What does the CEO Hock Tan's strategy suggest about Broadcom's future direction?