Will Broadcom buy VMware?

Microchip manufacturer Broadcom has offered $61 billion to buy cloud computing and virtualization company VMWare The deal would see shareholders receiving cash consideration of $142.50 per share or a swap of 0.252 Broadcom stock per VMWare share

What does the VMware-Broadcom merger mean for VMware?

The merger also offers both companies a chance to diversify. Broadcom leaves behind its focus on chip making and hardware manufacturing for the potential of higher margins with software. VMware gains access to the hardware layer and the longer-term stability of the hardware business.

Did Broadcom get antitrust approval for VMW & MRVL?

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BRUSSELS, July 12 (Reuters) - U.S. chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware (VMW.N) after offering remedies to help rival Marvell Technology (MRVL.O).

What will Broadcom do with a new acquisition?

With this acquisition, Broadcom won’t just be buying a place at the table, they’ll be entering the game as the world’s largest player. It will make Broadcom an even more compelling story, with the ability to generate revenue on both the hardware and software components of the industry.