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Broadcom targets enterprise infrastructure with $61B VMware acquisition

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
Stephen Elliot Broadcom Software Group Network World

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