TECH

Broadcom eyes up multi-billion dollar deal for VMware

The technology industry could be set for its next huge M&A deal after a Bloomberg report, corroborated by Reuters and others, suggests that Broadcom is in talks to acquire VMware. 

The sources Bloomberg spoke to caution that “discussions are ongoing and there’s no guarantee they will lead to a purchase”. VMware is currently valued at around $40 billion on public markets, although its stock has risen considerably on news of this deal, giving the company a market cap of around $46 billion. 

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