1 year ago

Chipmaker https://www.broadcom.com/ announced that it would acquire https://www.vmware.com/, which was viewed as an acquisition target for server and chip makers looking to grow in the growing data center infrastructure market. VMware products fill a key computing layer for companies with on-premises data centers and hybrid cloud-based computing models. The company’s software layers provide virtualization, provision, management, load balancing and other key aspects of running applications in data centers.

This isn’t the first software company acquired by Broadcom.

Acquiring VMware will bring significant scale to Broadcom’s software business, said https://www.broadcom.com/company/about-us/executives/hock-e-tan, Broadcom’s CEO, on a Thursday call to discuss VMware’s acquisition and the company’s earnings.