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VMware stock rallies 25% on reports Broadcom is weighing its third software acquisition in four years

VMware shares rallied as Wall Street chimed in on reports that Broadcom is looking for a threepeat when it comes to software acquisitions. Read More...

Morningstar Research

Analyst Report: Broadcom Inc.

Broadcom–the combined entity of Broadcom and Avago–boasts a highly diverse product portfolio across an array of end markets. Avago focused primarily on radio frequency filters and amplifiers used in high-end smartphones, such as the Apple iPhone and Samsung Galaxy devices, in addition to an assortment of solutions for wired infrastructure, enterprise storage, and industrial end markets. Legacy Broadcom targeted networking semiconductors, such as switch and physical layer chips, broadband products (such as television set-top box processors), and connectivity chips that handle standards such as Wi-Fi and Bluetooth. The company has acquired Brocade, CA Technologies, and Symantec’s enterprise security business to bolster its offerings in software.

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