Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved . At that price, Broadcom’s market value was around $125 billion.
Broadcom reportedly agreed to acquire Bay Dynamics as a subsidiary on December 19.
Broadcom, which has been rapidly diversifying its product portfolio beyond its core processor business through acquisitions like CA and Symantec’s enterprise unit, reportedly is adding to its cybersecurity capabilities by buying cyber-risk analytics provider Bay Dynamics. Bay Dynamics enables enterprise organizations to identify, prioritize and mitigate their most critical cyber risks based on a strategic array of real-world conditions. This acquisition is not the only M&A transaction under progress at Broadcom in recent times. Bay Dynamics Bay Dynamics is a software company providing cybersecurity solutions to protect organizations around the world.
The company's security analytics expertise since 2001 is expected to aid Broadcom in enhancing security business. Bay Dynamics sells a software that prevents data loss, uncovers malicious insiders and detects unusual behavior. SAVE SEARCH . The company sells its software products to consumers in media, financial services, manufacturing, technology, healthcare, and the federal government. The software specializes in preventing data loss and providing solutions to threats. The acquisition of Bay Dynamics also furthers Broadcom's commitment to Zero Trust security. 1-5 of 38 results Search . In the In fiscal 2020, the company now expects over $7 billion in infrastructure software revenue, and for its overall revenue to rise 11% YoY to $24.5 billion–$25.5 billion. The result was a “central point of behavioral analytics that dynamically delivers top mitigation actions to help prevent malicious insiders from stealing sensitive data,” the duo said at the time.ChannelE2E has not independently confirmed the Broadcom-Bay Dynamics deal.Guiding VARs, MSPs, CSPs, Total Service Providers (TSPs) s & Strategic IT Service Providers: From Entrepreneur to Exit Also, 12 analysts suggest “hold,” up from 11 in December. Be sure to follow the @Broadcom page to receive future company updates. Notably, Bay Dynamics has raised $31 million in funding, per Crunchbase data. However, the company did not provide the terms of the deal. Broadcom acquired the Symantec enterprise business for $10.7 billion in 2019. includes any. Amid its acquisition spree, Broadcom intended to sell its adio-frequency Last year, AVGO underperformed broader markets and semiconductor peers. Facebook, Microsoft, Zillow. Our goal boils down to a single pursuit: Provide customers with great outcomes. UEBA is a process to detect insider threats, targeted attacks and financial fraud, according to Gartner. Acquiring Organization: Broadcom Broadcom is a leading designer, developer and global supplier of a broad range of analog and digital semiconductor connectivity solutions. synopsis: Broadcom Inc. has acquired Bay Dynamics Inc., the market leader in providing cybersecurity solutions to protect organizations around the world from evolving security threats and to reduce their business risk with its innovative next generation machine learning and predictive analytics technology. Edit View . Export to CSV . Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. New York-based Bay Dynamics offers technology platforms designed to help customers detect unusual system behavior, identify malicious network insiders and prevent data loss.Broadcom, a manufacturer of semiconductor and infrastructure software components, Peter O’Donoghue, former vice president of solutions engineering at Idemia's North American subsidiary, has been The General Services Administration has awarded professional services company ABSS Solutions a $92.9M The premier source of breaking business news for the government contracting industry, GovCon Wire provides informative, to-the-point stories of the most significant contract awards, top-level executive moves, M&A activities and financial results of the sector’s most notable players.GovCon Wire is always on top of the most recent contracting sector activity and is updated in real time as the news breaks.Report: Broadcom Acquires Cyber Analytics Firm Bay DynamicsReport: Broadcom Acquires Cyber Analytics Firm Bay Dynamics
Indeed, Bay Dynamics competes in the User and Entity Behavior Analytics (UEBA) security software market. The deal could benefit Symantec security partners that specialize in Data Loss Prevention (DLP), ChannelE2E believes. Broadcom acquires cyber risk analytics & UEBA software company Bay Dynamics, report says. Broadcom (Nasdaq: AVGO) has moved to expand its security portfolio through the acquisition of cyber risk analytics software provider Bay Dynamics, the Silicon Valley Business Journal reported Tuesday. Bay Dynamics enables enterprise organizations to … UEBA solutions look at patterns of human behavior, and then apply algorithms and statistical analysis to detect meaningful anomalies from those patterns—anomalies that indicate potential threats, Wikipedia says.With those goals in mind, Bay Dynamics develops risk fabric software that allows customers to “rapidly identify leading threats to your organization’s protected information through automatic prioritization and clear visualization of those users and entities that represent risks,” the company says.Bay Dynamics software integrates with a lengthy list of security infrastructure, risk management and identity and access management (IAM) tools. All contents © 2020 ChannelE2E and After Nines Inc. Bay Dynamic's analytics, context, and ability to remediate issues as they map to behavior and the threat activity's kill chain position will be powerful new capabilities in Symantec's Zero Trust platform. They expect its revenue to grow 10.8% YoY to $25 billion in fiscal 2020, but then drop by 5.25% YoY to $26.4 billion in fiscal 2021.Broadcom’s sales have been growing sluggishly for over a year now.
Broadcom . Technical Enablement - Bay Dynamics 0 Recommend. Bay Dynamics is now part of Broadcom.