The Wall Street Journal reports Broadcom is offering cash and stock for cloud-computing specialist VMware, the latest in a string of acquisitions for the chip maker. Read More...
Reuters
Broadcom in talks to acquire VMware -sources
(Reuters) -Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The acquisition would further diversify Broadcom’s business away from semiconductors and into enterprise software, following its $18.9 billion acquisition of CA Technologies and its $10.7 billion purchase of Symantec Corp’s security division in the last four years.
