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May 26, 2022 06:05 pm

Broadcom To Acquire VMware in Massive $61 Billion Deal

Broadcom has announced it is acquiring VMware in a massive $61 billion deal. From a report: The deal is a combination of cash and stock, with Broadcom assuming $8 billion in VMware debt. With VMware, Broadcom gets more than the core virtualization, which the company was built on. It also gets other pieces it acquired along the way to diversify, like Heptio for containerization, and Pivotal, which helps provide support services for companies transitioning to modern technology. At the same time it bought Pivotal, it also acquired security company Carbon Black. That touches upon a lot of technology, but it begs the question, where does it all fit with Broadcom (which has spent a fair amount of money in recent years buying up a couple of key software pieces prior to today's announcement)?

Read more of this story at Slashdot.


Original Link: https://slashdot.org/story/22/05/26/1748248/broadcom-to-acquire-vmware-in-massive-61-billion-deal?utm_source=rss1.0mainlinkanon&utm_medium=feed

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