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One of the largest tech deals in M&A history was announced last week. Chipmaker Broadcom entered into an agreement to acquire VMware for $69 billion in a cash or stock deal.
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty. The proposed deal comes just weeks after billionaire and Tesla CEO Elon Musk offered to spend $44 billion on Twitter…
Broadcom Software Group's president has said the company is ready to "embrace" the channel following its recent $61bn takeover of VMware. Tom Krause says the...
This is the second biggest tech deal of the year after Microsoft announced to acquire video game maker Activision Blizzard for $68.7 billion.
Broadcom’s intended acquisition of VMware might open a variety of enterprise and telco opportunities for VMware — if it is given the opportunity to further develop 5G, SDN (software-defined networking), multicloud management and other networking tools.