Has been expanding there product offering and segment each time, there acquisitions have not exactly been the same take a look at lifelock I would argue that was a bit of a different business than they had before they acquired it. Is this a bit different acquisition. Possibly, but I plan to trust the management team who has built up alot of equity with there good acqusitions in the past and I believe they could continue. Furthermore this acquisition is not exactly something that needs to be turned around, This company that they brought is growing rapidly. lets not make like the company they are buying is under durress here.
Revs for ML (In Thousands) FY 24 536-541 Million estimate FY 23 423,431 FY 22 340,745 FY 21 171,075
That is a heck of a revenue trend, given how well this business is doing and how good GEN is as making business efficent and cost cutting, can see where this could be very accretive in the coming years. Time will tell. All is just my opinion, and I could always be wrong though.