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VMware customers and partners should proceed with caution and pressure the vendor to make commitments around research and development and prici...
Broadcom seeks to boost its strategy to construct a top infrastructure technology company. Broadcom Software Group will rebrand and operate as VMware.
Acquisition has recently been confirmed in a press release
Broadcom shareholders will own approximately 88% of the combined company on a fully diluted basis, while VMware shareholders will own approximately 12%.
Chipmaker Broadcom is continuing its buy-and-build strategy to expand into the software market by agreeing to acquire virtualisation giant VMware.