Semiconductor company Broadcom to purchase cloud computing company for $61 billion

By Christopher Hutton

Published May 26, 2022 2:00pm ET

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Semiconductor company Broadcom to purchase cloud computing company for $61 billion — The semiconductor manufacturer Broadcom announced on Thursday that it is acquiring the cloud server company VMware for approximately $61 billion. The acquisition, which will be finalized in a cash and stock deal, will merge the two companies in one of the largest tech deals to date. Broadcom will acquire all of VMware’s outstanding shares in […]

The semiconductor manufacturer Broadcom announced on Thursday that it is acquiring the cloud server company VMware for approximately $61 billion.

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Mergers and Acquisitions Semiconductors