Broadcom to acquire VMware in $61 billion deal
The deal will enable Broadcom to diversify away from its main business of designing and selling semiconductors into enterprise software
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The deal will enable Broadcom to diversify away from its main business of designing and selling semiconductors into enterprise software
Dell expects its VMware relationship to continue after VMware is acquired by Broadcom despite Broadcom’s direct sales comment.
Broadcom acquisition of VMware includes $1.5 billion and $750 million termination fees if the chip maker or software companies’ end the IT merger 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.
Large, seasoned VMware partners warn that a Broadcom acquisition could stall big-dollar licensing agreements as enterprise customers wait to see if the new owners have a strategy for the ubiquitous virtualization software.