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Oct 30, 2023 · Companies Will Close Transaction Promptly Following Satisfaction of Remaining Condition . SAN JOSE, Calif. and PALO ALTO, Calif., Oct. 30, 2023 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced their expectation that Broadcom's acquisition of VMware (the "Transaction") will close soon, but in any event prior to the expiration of their merger agreement.
Mar 8, 2024 · Broadcom CEO Hock Tan expects the company’s VMware business to grow double-digits for the rest of the year as Broadcom’s sales teams work on upselling the 2,000 strategic customers he ...
Feb 13, 2024 · Tue 13 Feb 2024 // 03:46 UTC. Broadcom has discontinued the free version of VMware's ESXi hypervisor. News of the change came in a Monday knowledge base article that revealed the tool was removed from VMware.com and offered the following explanation for the change: Along with the termination of perpetual licensing, Broadcom has also decided to ...
May 26, 2022 · Broadcom to acquire all outstanding shares of VMware for approximately $61 billion and assume $8 billion of VMware net debt (1) VMware shareholders elect to receive, for each VMware share held, $142.50 in cash or 0.2520 shares of Broadcom common stock (subject to pro-ration mechanism) 88% / 12% pro forma ownership mix between Broadcom and ...
May 26, 2022 · Broadcom Inc. agreed to buy cloud-computing company VMware Inc. for about $61 billion, sealing one of the largest technology deals in history and advancing the chipmaker’s quest to become a ...
Nov 21, 2023 · November 21, 2023 07:48 AM Eastern Standard Time. SAN JOSE, Calif. & PALO ALTO, Calif.-- ( BUSINESS WIRE )--Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that they have ...
Jul 12, 2023 · Broadcom is confident that when regulators conclude their review, they too will see that the combination of Broadcom and VMware will enhance competition in the cloud and benefit enterprise customers by giving them more choice and control over where they locate their workloads. Broadcom continues to expect that the transaction will close in its ...
