VMware Inc.’s profit declined less than expected in the second quarter, as the software company awaits approval for an acquisition by chip maker Broadcom Inc. VMware VMW, +2.31% on Thursday reported s...
Tag: Virtualization Software
Broadcom loses top software exec in the middle of VMware deal to head combined Citrix-Tibco company
Broadcom Inc.’s head of software Tom Krause is leaving the company in the middle of a $61 billion software acquisition he helped bring about, which analysts called “a surprise” and “not the greatest o...
Broadcom Stock Has Gained on VMware Takeover. Its Dividend Could Rise 20%.
Text size Truist analyst William Stein calculates that Broadcom could raise its dividend by over 20% this year. Remus Rigo/Dreamstime.com The stock market has had a mixed reaction to Broadcom ’s inten...
Broadcom May Pay About $60 Billion for VMware With Announcement Thursday
Text size Broadcom’s acquisition of VMware would be one of the biggest deals of 2022 so far. Justin Sullivan/Getty Images Chip maker titan Broadcom may announce a deal to purchase software compa...
Five Things to Know About Broadcom’s Potential Deal for VMware
Text size Broadcom stock slipped in response to news of the possible deal. Justin Sullivan/Getty Images Broadcom ’s expected acquisition of cloud computing provider VMware will likely rank as one of t...
Broadcom in Talks to Pay About $60 Billion for VMware
Broadcom is in talks to pay around $60 billion for VMware people familiar with the matter said, in what would be one of the biggest takeover deals of the year. The two technology companies are aiming ...
Broadcom reportedly in talks to buy VMware
Chip maker Broadcom Inc. is in negotiations to buy enterprise cloud-computing company VMware Inc., according to multiple reports Sunday night. Bloomberg News, Reuters, the New York Times and the Wall ...
Intel CEO Gelsinger’s reaps near-$180 million windfall from ‘significant magnitude’ of new-hire awards
Pat Gelsinger had a very, very good year in 2021. He started the year as VMware Inc.’s VMW, -2.00% chief executive officer, where he took in total compensation of $16.5 million during the fiscal year ...
Could Apple WiFi chips just be a ploy to get a better deal from Broadcom?
Broadcom Inc. shares fell Tuesday following reports that Apple Inc. was working on its own radiofrequency (RF) chips, but one analyst wondered whether those plans would get shelved if the chip maker o...