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Technology Stocks : VMware, Inc. (VMW)

VMW 142.48

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Dec 15 9:35 AM EDT

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From: Sr K	5/23/2022 12:14:35 AM
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Broadcom in Advanced Talks to Buy VMware The tech companies are discussing a cash-and-stock deal that could come soon Broadcom has been on the hunt for a deal to beef up its presence in the corporate-software market.PHOTO: DAVID PAUL MORRIS/BLOOMBERG NEWS By Cara Lombardo Updated May 22, 2022 9:25 pm ET SHARE TEXT Broadcom is in advanced talks to buy VMwareaccording to people familiar with the matter, setting the stage for what would be one of the year’s biggest deals. The technology companies are discussing a cash-and-stock deal that could come soon, assuming the talks don’t fall apart, the people said. VMware has a market value of $40 billion, while Broadcom’s is around $222 billion. Exc.

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