{"id":23139,"date":"2022-05-24T09:47:33","date_gmt":"2022-05-24T13:47:33","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=23139"},"modified":"2022-05-25T14:59:37","modified_gmt":"2022-05-25T18:59:37","slug":"broadcom-negotiate-60-billion-vmware-acquisition","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/broadcom-negotiate-60-billion-vmware-acquisition\/","title":{"rendered":"Broadcom Negotiate $60 Billion VMware Acquisition"},"content":{"rendered":"<p id=\"arIndex_0\" data-ar-index=\"0\">Broadcom is negotiating a $60 billion acquisition of VMware. According to sources close to the issue, Broadcom will pay about $140 per share in cash and shares for VMware.<\/p>\n<p id=\"arIndex_1\" data-ar-index=\"1\">If the negotiations prove successful, a deal could be announced as early as Thursday, when VMWare is due to report quarterly results.<\/p>\n<p id=\"arIndex_2\" data-ar-index=\"2\">&#8220;A VMware acquisition would just about triple the size of Broadcom&#8217;s software segment, as well as bring the overall software mix close to 50% for the combined company,&#8221; Bernstein analysts said.<\/p>\n<p id=\"arIndex_3\" data-ar-index=\"3\">The acquisition of VMware means that the company will now have access to Broadcom date centers.<\/p>\n<p id=\"arIndex_4\" data-ar-index=\"4\">&#8220;We believe an acquisition of VMware would be considered as making strategic sense; consistent with Broadcom&#8217;s focus on building a deepening enterprise infrastructure software strategy,&#8221; Wells Fargo analysts said.<\/p>\n<p id=\"arIndex_5\" data-ar-index=\"5\">With regular acquisitions since Hock Tan became CEO, Broadcom has become a business worth more than $200 billion<\/p>\n<p id=\"arIndex_6\" data-ar-index=\"6\">The sources for this piece include an article in <a href=\"https:\/\/www.reuters.com\/markets\/us\/chipmaker-broadcom-talks-acquire-vmware-sources-2022-05-23\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Broadcom is negotiating a $60 billion acquisition of VMware. According to sources close to the issue, Broadcom will pay about $140 per share in cash and shares for VMware. If the negotiations prove successful, a deal could be announced as early as Thursday, when VMWare is due to report quarterly results. &#8220;A VMware acquisition would [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34,57,17,349,378],"tags":[515,456],"class_list":["post-23139","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence","category-companies","category-data-analytics","category-development","category-digital-transformation","tag-broadcom","tag-vmware"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/23139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=23139"}],"version-history":[{"count":2,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/23139\/revisions"}],"predecessor-version":[{"id":23141,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/23139\/revisions\/23141"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=23139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=23139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=23139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}