Broadcom looks to old software names like Symantec and Tibco as chip business deteriorates
July 05, 2019 at 12:45 PM EDT
If the Symantec deal doesn't get done, Broadcom has also been working on a deal to acquire an infrastructure software company and has considered Tibco, according to three people familiar with the matter. Broadcom needs software because its semiconductor business is hurting, primarily due to uncertainty surrounding Huawei.