Broadcom Is Buying VMWare For $61 Billion - BitcoinEthereumNews.com
KabuhayanBumibili ang Broadcom ng VMWare sa halagang $61 Bilyon05 / 27 / 2022Balita ng Ethereum ng Bitcoin Getty Images Key takeaways Microchip manufacturer Broadcom has offered $61 billion to buy cloud computing and virtualization company VMWare The deal would see shareholders receiving cash consideration of $142.50 per share or a swap of 0.252 Broadcom stock per VMWare share The global microchip shortage has been a catalyst for Broadcom CEO Hock Tan to expand the revenue centers for the company beyond hardware One of the biggest ever tech acquisitions is about to go down, and it involves two companies you may have never even heard of. Microchip heavyweight Broadcom is set to acquire cloud computing company VMWare, in a deal worth $61 billion in cash and stock. To put the size of the acquisition in perspective, only two previous takeovers in the tech industry top this deal: Dell‘s $67 billion buy-out of data storage company, EMC, in 2015 and Microsoft’s still-in-progress takeover of Activision Blizzard for $68.7 billion. So who are these companies, what do they do and why is this deal so big? Ano ang ginagawa ng Broadcom? Broadcom is making a big baller move here, but how does a company that flies under the radar have the weight to