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Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one ...
Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The ...
VMWare server software should work with local hardware and the deal should not restrict customers from purchasing and using Broadcom's hardware products such as storage adapters, the Chinese ...
Why Broadcom's a good buy ... Broadcom recently completed its acquisition of cloud computing software company VMware. In the most recent quarter, Broadcom reported a 43% increase in revenue to ...
VMware acquired the New Hampshire (U.S.) based professional services company for an undisclosed sum. July 2008: B-hive Networks VMware acquired the Israel-based start-up for an undisclosed sum. Following the acquisition VMware opened an R&D center in Israel, based initially on B-Hive's facilities and team in Israel. [67] October 2008
But the acquisition alone isn't the only factor driving revenue growth. Broadcom switched VMware's offerings to a software-as-a-service model. This change means customers now are renting VMware's ...
In May 2022, Broadcom announced their deal to acquire the virtualization and cloud computing software vendor VMware for $61 billion in a combination of cash and stock, with Broadcom assuming $8 billion in VMware debt.
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising ...