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Stock impact report

Barclays Signs Strategic Portfolio License Agreement with Broadcom

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: GlobeNewswire
SAN JOSE, Calif., Feb. 19, 2019 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced that Barclays, one of the world’s largest transatlantic consumer and wholesale banks, has signed a strategic agreement as a Portfolio License Agreement (PLA) customer, enabling them to drive significant savings with state of the art technology to transform their digital infrastructure. Broadcom PLA is a new offering designed to reduce complexity, while providing maximum choice and flexibility, to enterprise customers who are looking for a simplified way to purchase, deploy and manage their digital enterprise software solutions. Barclays selected PLA to help support a multi-year, cross-organizational initiative to streamline its IT operations, while reducing complexity and cost, in order to speed time to market for value-added customer applications. Traditionally, enterprise software is purchased and consumed either as single, static purchase by the customer on a perpetual or Software-as Show less Read more
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