Broadcom is in "advanced talks" to acquire struggling security firm Symantec for $15bn (€13.29bn), according to reports.
Bloomberg claims that Broadcom could reach an agreement with Symantec within weeks, citing people familiar with the matter.
Semiconductor vendor Broadcom took a huge leap into the software market last year when it announced the acquisition of CA Technologies, in an $18.9bn deal.
Broadcom CEO Hock Tan is known for his ambitious approach to M&A, having acquired Broadcom for $37bn when at Avago - before adopting the Broadcom name.
His attempt to take over Qualcomm in what would have been the largest tech acquisition was however unsuccessful, with President Trump blocking the mammoth $117bn deal.
Symantec's share price rose by over 25 per cent after reports of Broadcom's rumoured bid emerged.
The cybersecurity stalwart has endured a troubling time of late, with its CEO recently stepping down after reporting disappointing results, being replaced by an interim boss.
Bloomberg said that Symantec declined to comment, while Broadcom had not responded to requests to comment.
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