Chipmaker Broadcom to buy VMware for $61bn

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Thu, 2022-05-26 15:56

New York: Chipmaker Broadcom announced Thursday a $61-billion deal to purchase cloud computing firm VMware, which is being called one of the biggest technology acquisitions ever.

“This transaction combines our leading semiconductor and infrastructure software businesses with an iconic pioneer and innovator in enterprise software as we reimagine what we can deliver to customers,” said Hock Tan, president and CEO of Broadcom.

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