Broadcom Is Acquiring VMware In A $61B Mega Enterprise Software Deal

Broadcom Is Acquiring VMware In A $61B Mega Enterprise Software Deal
Barring any regulatory hurdles, Broadcom is buying virtualization giant VMware for around $61 billion in a cash and stock transaction, the two companies announced today. The sale amount is based on the closing price of Broadcom’s common stock on May 25, 2022, and as part of the deal the company will assume VMware’s $8 billion net debt.

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Source: Hot Hardware – Broadcom Is Acquiring VMware In A B Mega Enterprise Software Deal