Symantec buyout by private equity firm? How likely is this?

Proofpoint / Eng foodtruckj
Nov 15, 2018 12 Comments

https://www.cnbc.com/2018/11/06/symantec-spikes-after-reportedly-being-approached-about-acquisition.html

Symantec spikes 15% after reportedly being approached by Thoma Bravo about acquisition Symantec spikes 15% after reportedly being approached by Thoma Bravo about acquisition favicon CNBC
Symantec Facebook Proofpoint
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  • Nielsen / Eng
    userperson

    Nielsen Eng

    PRE
    Google
     userpersonmore
    ...why is Facebook included in this post?
    Nov 15, 2018 3
    • Proofpoint / Eng foodtruckj
      OP
      Facebook is trying to buy a cybersecurity company by end of this year according to reports a month ago.
      Nov 15, 2018
    • Facebook HONa01
      No. Facebook doesn't want a cybersecurity company.
      Nov 15, 2018
    • Proofpoint / Eng foodtruckj
      OP
      @HONa01
      There were news reports about it a month ago. If you have other info then good for you.
      Nov 15, 2018
  • Constant aqusitions and buyouts, so common for Symc. BTW it is now pretty much BlieCoat after recent mega-acqusition and divesture of Veritas and Verisign. It will be tough on employees as they will be managed for profit v.s. cost...
    Nov 15, 2018 0
  • Symantec WhiteHat_1
    We don’t know anything more than anyone else. But my personal gut feeling says company is on the block and is likely being marketed to more than one party.

    Whether a deal is imminent is anyone’s guess though.
    Nov 16, 2018 1
    • Symantec / Eng eYcG72
      I think that it's happening as well, just have to wait and see at this point.
      Nov 16, 2018
  • Proofpoint / Eng shanz
    Wasn’t Proofpoint in the rumors as well?
    Nov 16, 2018 1
    • Proofpoint / Eng
      Tara 🍵

      Proofpoint Eng

      PRE
      Symantec
       Tara 🍵more
      Tc
      Nov 17, 2018
  • eBay dreamlife
    Any further updates about this news?
    Dec 20, 2018 0
  • Symantec / Cust. Srv.
    Fido43

    Symantec Cust. Srv.

    PRE
    kCura, FireEye, Inc.
     Fido43more
    And with deals like Blackberry buying Cylance.... It is too crazy to predict.
    Nov 16, 2018 0
  • Symantec / Eng eYcG72
    We know as much as everyone else right now. The higher ups are not commenting on it at all.
    Nov 16, 2018 0