Broadcom is paying $61 billion in cash and stock for VMware and taking on $8 billion of its debt, making this one of the biggest technology deals ever. The deal is set to close today, he companies say.
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Computer chip and software maker Broadcom’s $61 billion plan to buy cloud technology company VMware cleared another hurdle Wednesday after Britain’s competition regulator gave the deal provisional clearance.
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Computer chip and software maker Broadcom’s $61 billion proposed purchase of cloud technology company VMware got the green light Wednesday from European Union regulators who were satisfied by concessions to ease competition concerns. However, other hurdles to the deal remain.
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Apple today announced a multibillion-dollar deal with American technology company Broadcom to make several key components for its devices in the United States.
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VMWare will be bought for $61 billion by Broadcom in a stock and cash deal that may close later this year, the companies announced today.
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Wall Street analysts are reacting positively to a possible acquisition of Cary-based SAS by tech conglomerate Broaadcom. But if a deal is made a lot of cuts would be made or more profits generated to justify the deal, say analysts.
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Tech giant Broadcom is in talks to buy privately held SAS, according to a report in The Wall Street Journal. The deal could value SAS as much as $20 billion.
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Reports that chipmaker Broadcom is nearing a $15 billion deal to buy software company Symantec are making waves.
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Broadcom has agreed to buy the software maker CA Technologies for nearly $19 billion, according to the two companies.
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