Broadcom to acquire VMware for about $61 billion

Broadcom and VMware reached a deal in which Broadcom will purchase all of VMware’s outstanding shares in a cash-and-stock new agreement that values VMware at about $61 billion, premised on the current share price of Broadcom common stock on May 25, 2022. Furthermore, Broadcom will take on $8 billion of VMware’s net debt. Continue reading “Broadcom to acquire VMware for about $61 billion”