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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MORRISVILLE – Lenovo is expanding its partnership with VMware, and chip maker NVIDIA, which is at the forefront of generative artificial intelligence technology, on Tuesday disclosed products and services that are “turnkey” and “cloud ready” for customers. VMware and Lenovo announced a partnership targeting the cloud and AI in...
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VMware, which has a significant presence in the Triangle, is the latest tech player to partner with IBM as part of a move to give customers more choice when it comes to cloud computing.
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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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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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Lenovo strengthened its position in AI and edge-to-cloud solutions by deepening a partnership with VMware.
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Intel has named Pat Gelsinger as its new chief executive officer, replacing Bob Swan after a rocky two-year run. Here are the details.
Read MoreIn case you didn’t check in at WRAL TechWire over the weekend, you missed some significant stories. Here’s a recap.
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