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HomeBusinessBroadcom in Talks to Acquire VMware, the Cloud Computing Company

Broadcom in Talks to Acquire VMware, the Cloud Computing Company

Broadcom, the semiconductor big, is in talks to amass VMware, in keeping with an individual conversant in the matter.

A deal isn’t but last, mentioned the individual on Sunday night time, who was not licensed to publicly focus on it. The phrases of any potential deal weren’t disclosed.

Broadcom has lengthy been extremely acquisitive and its chief govt, Hock E. Tan, is understood for making offers. The chip firm, which was based mostly in Singapore however has moved its headquarters to San Jose, Calif., initially purchased principally different chip firms. However since its $117 billion deal to purchase the U.S. chip maker Qualcomm was blocked in March 2018 by President Donald J. Trump on nationwide safety considerations, Broadcom has diversified its targets. It purchased the software program firm CA Applied sciences for $18.9 billion later that yr and a safety division of Symantec for $10.7 billion in 2019.

VMware, which was spun off from Dell Applied sciences final November, is understood for making virtualization software program, which permits one laptop to behave like many machines and basically makes computing extra environment friendly. It has additionally diversified and makes a spread of software program for knowledge facilities.

A spokesman for VMware declined to remark.

Don Clark contributed reporting.

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