Multiple U.S. media sources, including the Wall Street Journal and The New York Times, reported that Broadcom is in advanced talks to acquire VMware.
Neither company has commented on the reports, which cite anonymous sources.
VMware completes spin-Off from Dell Technologies
VMware completed its spin-off from Dell Technologies. The move provides VMware increased freedom to execute its multi-cloud strategy, a simplified capital structure and governance model, and additional operational and financial flexibility. VMware and Dell said they will continue to partner with each other and to continue support/services to mutual customers.“VMware’s mission is to deliver the trusted software foundation that accelerates our customers’…
Trump blocks Broadcom’s proposed takeover of Qualcomm
President Trump signed an executive order prohibiting Broadcom from acquiring Qualcomm or proceeding with any substantially equivalent merger, acquisition, or takeover of the firm whether effected directly or indirectly. The order cited “credible evidence” that Broadcom, along with its partners, subsidiaries, or affiliates, impairs the national security of the United States. Trump said he was taking this action upon review of a recommendation…
