Broadcom Inc. (NASDAQ:AVGO) is one of the High Growth Semiconductor Stocks to Buy. On March 23, Broadcom Inc. (NASDAQ:AVGO) introduced its Symantec CBX, which is a new cloud-based cybersecurity platform. The platform merges technologies from Symantec and Carbon Black into one easy-to-use tool called Extended Detection and Response.
Management elaborated that the target market for this platform is mid-sized resource-strapped organizations that face threats from hackers and don’t have the budget for fancy Security Operations Centers. The company also highlighted that cyberattacks are ramping up, and even smaller companies are not safe.
The Symantec CBX platform provides prevention, adaptive protection, data security, a cloud secure web gateway for web filtering, and incident prediction. Moreover, Carbon Black helps with deep endpoint visibility, threat hunting, and fast response. Symantec CBX is expected to be available through the company’s Enterprise Security Group’s Catalyst Partner Program.
Broadcom Inc. (NASDAQ:AVGO) is a semiconductor and infrastructure software company. It designs and supplies products, including custom chips, networking solutions, and enterprise software used across industries such as cloud computing, telecommunications, and data centers.
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