Report: Broadcom is also eyeing Tibco Software for a possible acquisition

//Report: Broadcom is also eyeing Tibco Software for a possible acquisition

Report: Broadcom is also eyeing Tibco Software for a possible acquisition

The CEO of San Jose-based chip giant Broadcom Inc. wants to negotiate a multibillion-dollar enterprise software acquisition this year and has a team that’s currently evaluating Palo Alto-based Tibco Software, CNBC reports, citing three unnamed sources. Broadcom’s first choice would be to buy Mountain View-based security software maker Symantec Corp., according to the report, but the company is also evaluating Tibco in case a Symantec deal fails to materialize. Tibco launched in 1997 with a…

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By | 2019-07-05T20:29:58+00:00 July 5th, 2019|Technology|

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