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Broadcom and VMware deal postponed
Broadcom and VMware have mutually agreed to postpone the completion date of their $61 billion merger by 90 days. The original deadline was set for February 26, 2023, however, the deal is now expected...
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British watchdog snuffles around Broadcom’s VMware deal
US chipmaker Broadcom’s acquisition of VMware could make servers more expensive, a British anti-trust watchdog has barked. Britain’s Competition and Markets Authority (CMA) said it is refering the $61...
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European Commission concerned about Broadcom’s VMware merger
The European Commission is worried Broadcom’s proposed $61 billion merger with VMware will be anti-competitive. For those who came in late, the Commission’s watchdog started snuffling around the deal...
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EC approves Broadcom’s VMware takeover
The European Commission (EC) has formally approved Broadcom’s $61 billion bid for virtualisation software giant VMware, with the caveat that Broadcom fulfills certain ongoing commitments around access...
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Major layoffs coming at VMware
Broadcom is to make major layoffs at VMware after its $61 billion acquisition closes According to Business Insider, the Broadcom cuts are expected to focus on non-engineering roles. It is speculated...
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Broadcom VMware deal has big trouble in China
Broadcom wants to close its $61bn deal for VMware in a couple of weeks, but the deal is in peril with Chinese government regulators. Three people told the Financial Times that Beijing is threatening to...
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Broadcom concludes VMware deal
After securing regulatory approval in China, Broadcom has finally concluded its $69 billion acquisition of cloud-computing company VMware. The massive deal was announced in May 2022 and is part of CEO...
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VMware partners dumped into cold and snow
Broadcom dropped a bombshell on its VMware partners, telling them they are all sacked and must reapply for their jobs. The tech giant, which bought VMware for a whopping $61 billion last year, is axing...
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Broadcom dumps VMware partners.
Broadcom has taken 2,000 of VMware’s best customers in a direct-only sales model drive. It also told partners they would reject any deal they tried registering for a strategic account. “If you send new...
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KKR in £3 billion bid for VMware’s EUC arm
Private equity giant KKR is set to snap up VMware’s end-user computing (EUC) division for a whopping £3 billion. The EUC unit, worth around £790 million, is being sold off by Broadcom after it splashed...
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