Semiconductor heavyweight Broadcom has agreed to purchase software virtualization leader VMware in a $61 billion deal that will vault the chip maker into contention with global technology stalwarts.

The problem stems from the need to disentangle VMware services – it offers networking, storage and management tools as well ...

Its December gains look even more impressive considering how large the company was before its latest massive run-up. In November, Broadcom had already crossed the $800 billion mark. Now, it's a member ...

Computer chipmaker Broadcom has completed its $69bn (£55bn) acquisition of cloud computing firm VMware, wrapping up one of the biggest takeover deals in the technology sector. The deal was ...

VMware has agreed to purchase anti-malware research pioneer Lastline to better detect and contain sophisticated network threats before they disrupt business. The Palo Alto, Calif.-based enterprise ...

Broadcom (NASDAQ: AVGO) demonstrated exceptional strength in its fiscal 2024 (which ended Nov. 3), with revenue growing 44% ...

Chips and software giant Broadcom says it's 'flexible and open' on licensing terms, but customers disagree VMware users continue to be unhappy with licensing changes since the virtualization giant was ...

Synopsys to buy engineering software firm Ansys in $35 ... and stiff competition cast a shadow on its acquisition of VMware. Broadcom sees revenue below estimates on weak enterprise spending ...

Excluding the impact of its VMware purchase, the company's top line rose 9% in fiscal 2024 -- highlighting the company's potential to grow both organically and via acquisitions. Broadcom has ...