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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 ...
In February 2024 private equity firm KKR and Broadcom agreed for KKR to acquire Broadcom's End-User Computing (EUC) Division, formerly a division of VMware, for about $4 billion. [59] This includes the VDI product Horizon and the device management suite Workspace ONE, formerly AirWatch .
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 ...
In May 2022, Broadcom announced an agreement to acquire VMware in a cash-and-stock transaction valued at $69 billion. The acquisition was closed on November 22, 2023. [8] Amid the AI boom, the company's market capitalization exceeded US$1 trillion for the first time in December 2024, making Broadcom one of the most valuable companies in the ...
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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 ...
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 ...
Broadcom Corporation acquired ServerWorks Corporation, a maker of chipsets for IA-32-based servers, in 2001 for $957 million. This acquisition was one in a string of purchases of companies by Broadcom in the beginning of the 2000s. Unlike the others, which were struggling start-ups, ServerWorks was revenue-generating and profitable. [2] [3] [4]