Broadcom to acquire VMware in $61bn deal

Confirming recent speculation, semiconductor and infrastructure software solutions Broadcom and enterprise software provider VMware have agreed a deal under which Broadcom will acquire all of the outstanding shares of VMware in a cash-and-stock transaction that values VMware at approximately $61 billion (€57bn), based on the closing price of Broadcom common stock on May 25th, 2022. In addition, Broadcom will assume $8 billion of VMware net debt.

Source: Broadcom to acquire VMware in $61bn deal