Broadcom to acquire VMware in massive $61B deal – TechCrunch

Acquisitions

Summary

It also gets other pieces it acquired along the way to diversify, like Heptio for containerization, and Pivotal, which helps provide support services for companies transitioning to modern technology. That touches upon a lot of technology, but it begs the question, where does it all fit with Broadcom (which has spent a fair amount of money in recent years buying up a couple of key software pieces prior to today’s announcement)? Holger Mueller, an analyst at Constellation Research, sees a certain synergy between the three software pieces, even if Symantec and CA are more legacy plays. That continued when Dell bought EMC in 2015 in a deal originally valued at $67 billion, not that far off from the price tag of VMware alone today. Broadcom has run into regulatory road blocks in the past when it attempted to buy Qualcomm in a massive $130 billion deal that was eventually thwarted by U.S. regulators in 2018.

Classifications

industries
HealthTech
applications
Collaboration & Communication

AskAI Classifications

Labels
Infrastructure Software Enterprise Software Cybersecurity Software

Linked Companies

Broadcom Inc.
$50M to $100M
VMware
$1M to $5M