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VMware to Be Acquired by Broadcom in a $61 Billion Deal
Chipmaker VMware, which was viewed as an acquisition target for server and chip makers looking to grow in the growing data center infrastructure market. The deal, valued at $61 billion, provides a new home for VMware, which is a software technology provider with decades-long partnerships with server and chip makers that include Nvidia, AMD and Intel. VMware has been a free agent for a good part of the last decade and has been bounced around between multiple owners. according to chip research firm IC Insights. Broadcom’s core business is around wireless, networking, cable modem and infrastructure components, which accounted for 73% of the $8.1 billion in Continue reading