SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VMware, Inc. (VMW)
VMW 142.480.0%Dec 15 9:35 AM EDT
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn Petersen who wrote (347)5/22/2022 8:15:09 PM
From: Glenn Petersen1 Recommendation

Recommended By
Sr K

  Read Replies (1) of 358
 
Broadcom in talks to buy VMware

By Greg Roumeliotis
Reuters
May 22, 2022

May 22 (Reuters) - Chipmaker Broadcom Inc (AVGO.O) is in talks to acquire cloud service provider VMware Inc (VMW.N), people familiar with the matter told Reuters.

Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms under discussion could not be learned.

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.

Bloomberg News first reported the deal late on Sunday. Broadcom and VMware did not immediately respond to Reuters' requests for comment. As of Friday's market close, the market capitalization of VMware was $40.3 billion.

Michael Dell is VMware’s biggest investor with a 40% stake as a result of Dell Technologies Inc (DELL.N)having spun out VMWare to its shareholders last year, according to Refinitiv data.\

Private equity firm Silver Lake, which has previously invested in Broadcom, is VMware’s second largest shareholder with a 10% stake, Refinitiv data shows.

Reporting by Greg Roumeliotis in New York and Shivam Patel in Bengaluru; Editing by Christian Schmollinger, Tom Hogue and Chris Reese

Broadcom in talks to buy VMware | Reuters
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News