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Broadcom May Pay About $60 Billion for VMware With Announcement Thursday

Chip maker titan Broadcom may announce a deal to purchase software company VMware for about $60 billion on Thursday, The Wall Street Journal reported. It also said Broadcom (AVGO) is talking to banks about financing the deal with a $40 billion debt package. Microsoft (MSFT) has agreed to buy videogame company Activision Blizzard (ATVI) for about $75 billion. Read More...

Chip maker titan Broadcom may announce a deal to purchase software company VMware for about $60 billion on Thursday, The Wall Street Journal reported. It also said Broadcom (AVGO) is talking to banks about financing the deal with a $40 billion debt package. Microsoft (MSFT) has agreed to buy videogame company Activision Blizzard (ATVI) for about $75 billion.

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