Broadcom accepts to buy VMware for $61 billion- Gizchina.com

Broadcom has decided to proceed with the acquisition of VMWare. As per a new report, the chipmaker has agreed to acquire cloud computing VMware to the tune of $61 billion in a cash and stock deal. Worth noting, that this acquisition represents Broadcom’s biggest step toward diversifying its business. To recall, the company wants to … Read more

Broadcom agrees to buy VMware for $61 billion

Chipmaker Broadcom has announced that it agrees to acquire cloud computing company VMware to the tune of $61 billion in a cash-and stock deal. This is Broadcom’s most significant shift towards diversifying its business into the enterprise software industry. The deal offers $142.50 per VMware stock, which comes out to an approximate premium of 49% … Read more