Semiconductor manufacturer and infrastructure software giant Broadcom will acquire virtualization and enterprise cloud vendor VMware in a deal worth roughly $61 billion in stock and cash, the companies announced on Thursday. Broadcom will also assume $8 billion of VMware net debt as part of the deal. The deal, which is still subject to customary regulatory approval and
Advances Broadcom s strategy to build the world s leading infrastructure technology company, with track record of acquiring established, mission-critical.
WASHINGTON (dpa-AFX) - Broadcom Inc. (AVGO), a developer of semiconductor and infrastructure software solutions, announced Thursday its agreement to acquire VMware, Inc. (VMW), an innovator in