Chipmaker Broadcom to buy cloud services firm VMware in US$61 billion deal - ABC News

Computer chip and software maker Broadcom will spend about US$61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite rising inflation and some economic uncertainty.

Broadcom has said it will acquire cloud computing company VMware in a US$61 billion (AUD$86 billion) cash-and-stock deal, the chipmaker's biggest and boldest bid to diversify its business into enterp… [+1946 chars]

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