Broadcom to acquire VMware in for $61 billion. Here’s what Michael Dell, Hock Tan, CEO Raghu Raghuram and others says about combining the semiconductor company with the virtualization leader and software company.
In the second biggest tech deal of the year, chip and software maker Broadcom on Thursday announced to acquire enterprise cloud services provider VMware in a cash-and-stock deal valued at $61 billion.In addition, Broadcom will assume $8 billion .
Broadcom is acquiring VMware in a deal worth $61 billion. It will be one of the biggest tech deals of all time, designed to boost Broadcom’s enterprise software business.
Broadcom has reached an agreement to acquire VMware in a deal worth approximately $61bn. The acquisition will see the chipmaker giant acquire all of the outstanding.