Done deal: Chipmaker Broadcom will buy software and cloud giant VMware for $61.2B

As expected, Broadcom Inc. today said it will acquire computer virtualization and cloud services giant VMware Inc. in a $61 billion deal that would be one of the largest technology mergers ever. Broadcom will pay $138.23 per share for VMware in the cash-and-stock deal, more than 40% above VMware’s stock price before reports of the deal. … Continue reading Done deal: Chipmaker Broadcom will buy software and cloud giant VMware for $61.2B