The microchip giant Broadcom (market cap $242 billion) has offered to acquire VMware (market cap around $55 billion), the leading maker of server virtualization software, in a deal worth $61 billion in cash and stock, the third largest in tech industry’s history after Dell’s $67 billion acquisition of data storage company EMC that included a play for VMware and Microsoft’s takeover of Activision Blizzard for $68.7 billion that hasn’t even closed yet.
Broadcom's (SASE) play for VMware
Broadcom's (SASE) play for VMware
Broadcom's (SASE) play for VMware
The microchip giant Broadcom (market cap $242 billion) has offered to acquire VMware (market cap around $55 billion), the leading maker of server virtualization software, in a deal worth $61 billion in cash and stock, the third largest in tech industry’s history after Dell’s $67 billion acquisition of data storage company EMC that included a play for VMware and Microsoft’s takeover of Activision Blizzard for $68.7 billion that hasn’t even closed yet.