Semiconductor giant Broadcom is in talks to buy VMware, according to people familiar with the matter.
The deal isn’t final yet, said a Sunday night man who wasn’t authorized to publicly discuss. Bloomberg first reported the meeting.
Broadcom has long been highly acquired and its CEO, Hock E. Tan, is known for trading. The tip company, which was based in Singapore but moved its headquarters to San Jose, California, initially acquired primarily other tip companies. But since the $ 117 billion deal to buy Qualcomm, a U.S. chip maker, Blocked by President Donald J. Trump in March 2018 Broadcom has diversified its goals for national security concerns.Acquired a software company CA Technologies At $ 18.9 billion later that year, the security department Symantec. It was $ 10.7 billion in 2019.
VMware, spun off from Dell Technologies last November, is known for creating virtualization software. This allows one computer to act like many machines, essentially making computing more efficient. We are also diversifying and creating a variety of software for data centers.
