Broadcom’s $61B VMware acquisition points to cloud computing and IoT expansion

By Google News

The news: Broadcom agreed yesterday to buy VMware for $61 billion, opening up multiple opportunities in corporate solutions, data center software, edge computing, and Internet of Things (IoT), per the New York Times. Broadcom, which has steadily ramped up software acquisitions, will spend the equivalent of $138.23 per VMware share in a cash-and-stock-deal, more than […]

Broadcom’s $61B VMware acquisition points to cloud computing and IoT expansion

Source: Broadcom’s $61B VMware acquisition points to cloud computing and IoT expansion

Category: Technology, 61B, acquisition, Broadcoms, Cloud, Computing, expansion, IoT, points, VMware