Broadcom Says Will Buy VMware in $61 Billion Deal to Diversify Into Enterprise Software - ABC Tech

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Thursday, May 26, 2022

Broadcom Says Will Buy VMware in $61 Billion Deal to Diversify Into Enterprise Software

Broadcom says will buy cloud service provider VMware in a $61 billion cash-and-stock deal to further diversify the chipmaker's business into enterprise software. Broadcom's shares were up 1.6 percent, while those of VMWare were down nearly 1 percent in premarket trading.

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