Broadcom Inc. on Thursday announced it will acquire VMware Inc. in a cash-and-stock transaction that values the multi-cloud company at approximately $61 billion.
What to Know
VMware’s multi-cloud portfolio spans application modernization, cloud management, cloud infrastructure, networking, security and more.Following the closing of the transaction, the Broadcom Software Group will rebrand as VMware and incorporate Broadcom’s existing infrastructure and security software solutions as part of an expanded VMware portfolio.
