Apamea Tech Tech News Broadcom Acquires VMware

Broadcom Acquires VMware


VMware, Inc. is an American cloud computing and virtualization technology company with headquarters in Palo Alto, California, VMware was the first commercially successful company to virtualize the x86 architecture.

Broadcom acquisition:

On May 26, 2022 it was announced that Broadcom will acquire VMware for approximately $61 billion in cash and stock in addition to assuming $8 billion of VMware’s net debt, and that Broadcom Software Group would rebrand and operate as VMware. The transaction is expected to close during Broadcom’s fiscal year 2023.

source: wikipedia


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