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Monday, February 6, 2023

Broadcom Reportedly in Talks to Snap Up VMWare

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Broadcom Chief Executive Hock Tan isn’t any stranger to doing offers.

Over the final 9 years Broadcom  (AVGO) – Get Broadcom Inc. Report has tried to purchase or has purchased main tech gamers in an ongoing buying spree.

That urge for food for brand spanking new firms had positioned Broadcom right into a chip firm with virtually each doable device at its disposable.

Past buys have included network-gear maker Brocade for $5.5 billion; CA for $18.9 billion; element and optical chip producer CyOptics for $400 million; Emulex for $764 million; chipmaker LSI for $6.6 billion; and Symantec  (SYMC) – Get Symantec Corporation Report for $10.7 billion.

Source: www.thestreet.com

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