Broadcom (NASDAQ: AVGO) is considering an acquisition of...

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The Most Important Thing

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Jerome Cody

·4 years ago
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Broadcom (NASDAQ: AVGO) is considering an acquisition of VMware (NYSE: VMW); Broadcom sells electronic chips and components, VMware sells cloud virtualization software. Broadcom will pay around $140 a share for VMware, a ~46% premium on the company’s close price on Friday (Shares of VMware rose almost 25% on Monday, closing at $119.43 a share). Will this deal go through or fall apart?
Broadcom in talks to buy VMware
www.reuters.com

Broadcom in talks to buy VMware

Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc , people familiar with the matter told Reuters.

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