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Broadcom Inc. on Thursday announced it will acquire VMware Inc. in a cash-and-stock transaction that values the multi-cloud company at approximately $61 billion. What ...
Broadcom to acquire VMware in $61bn cash-and-stock deal
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 technologies such as 5G and networking tools.
The chipmaker’s acquisition of VMware is the latest in a lengthy string of high-ticket deals, as Broadcom moves to focus on its software portfolio.
After Broadcom acquired VMware for $61 billion, "rapid transition from perpetual licenses to subscriptions" will follow. Prepare for monthly fees.