There’s plenty of talk — as well as evidence in the form of rising inflation, interest rates and energy prices — that the global economy is slowing and a recession is possible. Unsurprisingly, this ha...
Tag: VMware
Broadcom’s Target Company VMware Ousts Three Executives As Part Of Restructuring
Three senior VMware, Inc (NYSE: VMW) executives exited the enterprise software company that Broadcom Inc (NASDAQ: AVGO) aims to acquire for $61 billion. VMware CEO Raghu Raghuram said the senior vice ...
Broadcom Deal Makes Sense For Vmware Shareholders, Analysts Say
Mizuho analyst Gregg Moskowitz reaffirmed a Neutral on Vmware, Inc (NYSE: VMW) with a $135 price target. VMW reported its partial 3Q results after the close, which were generally below expectations. T...
Chip Stocks Marvell and Broadcom Can Outperform, Says J.P. Morgan
Text size Dreamstime J.P. Morgan believes two chip stocks can do well even as growth prospects for the cloud market softens. On Wednesday, semiconductor analyst Harlan Sur told investors the weaker ec...
Can VMware stand a recession-driven hit to IT spend?
IT spend usually takes a hit when a recession is nigh, but VMware Inc (NYSE: VMW), as per CEO Rangarajan Raghuram, has not seen such a slowdown so far. Demand to remain strong through the balance of 2...
Broadcom’s $69bn VMware deal set for lengthy EU antitrust investigation
Broadcom’s $69bn acquisition of cloud software company VMware is set for a lengthy antitrust investigation in Brussels over regulatory concerns that the deal will harm competition across the global te...
Broadcom Secretly Eyed VMware Before $61 Billion Blockbuster Tech Deal
(Bloomberg) — Long before Broadcom Inc. sealed a deal to buy VMware Inc. for $61 billion Thursday, it eyed the company secretly from a distance. Most Read from Bloomberg VMware had been one of t...
Here is why VMware shares are up 20%
VMware Inc. (NYSE: VMW) shares are up 20% after reports that Broadcom Inc. (NASDAQ: AVGO) announced that it was in talks to purchase the cloud solutions firm. According to sources familiar with the ma...
Broadcom set to acquire VMware for $61 billion
Broadcom Inc. (NASDAQ: AVGO) has announced that it’s set to acquire enterprise software firm VMware, Inc. (NYSE: VMW) in a cash and stock deal amounting to $61 billion. In its announcement on Thursday...
Broadcom stock down 12% amid talks to acquire VMware for $60 billion
Despite the pace of dealmaking slowing down in 2022, a deal that could go down as the biggest-ever acquisition of a tech company could happen. Namely, Broadcom (NASDAQ: AVGO) is in talks to acquire th...
Intel CEO weighs in on Broadcom’s potential blockbuster deal for VMWare
Intel CEO and former long-time VMWare CEO Pat Gelsinger is watching Broadcom’s potential deal for his former employer with a close eye. “I have a lot of soul in that company,” Gelsin...
JPMorgan Chase, Gap, VMWare & more
People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City. Mike Segar | Reuters Check out the companies making headlines in midday trading. JPMorga...
Dell Becomes Billionaire Kingmaker in Broadcom, VMware Deal
(Bloomberg) — Technology entrepreneur Michael Dell once again finds himself at the center of one of his industry’s biggest deals. Most Read from Bloomberg Dell holds a roughly $16.2 billion stak...
Electronic Arts, VMWare, GameStop and more
Take a look at some of the biggest movers in the premarket: Electronic Arts (EA) – The video game maker’s shares rose 2.5% in the premarket after Puck News reported that the company was actively...
Broadcom in Talks to Acquire Cloud Company VMware
(Bloomberg) — Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter, setting up a blockbuster tech deal that would vault the chip...
How Can You Respond To Customer Needs And Get Ideas Into Market Faster? Evolve Your Abstractions
Over a decade ago, Marc Andreesen appropriately stated, “software is eating the world.”1 Today, software looks quite a bit different. Not only are we consuming software over the Internet from cloud se...
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...