By Simply Wall St
Publication Date: 2026-03-30 15:10:00
- Broadcom (NasdaqGS:AVGO) has launched Symantec CBX, a cloud-based cybersecurity platform that combines Symantec and Carbon Black technologies.
- The new platform is aimed at organizations with limited security resources that are facing increasingly advanced cyber threats.
- Symantec CBX brings together endpoint, network, cloud, and data threat detection with AI powered incident prediction in a single offering.
For investors watching Broadcom beyond its core semiconductor and infrastructure businesses, Symantec CBX highlights how management is leaning into security software as part of the broader portfolio. The shares most recently closed at $300.68, with a 1 year return of 81.0% and a 3 year gain that sits at roughly 4x, underscoring how sentiment around the company has shifted in recent years.
What stands out with CBX is the focus on mid sized organizations that often lack deep security teams but still face sophisticated attacks. The combined use of endpoint, network, cloud, and…