Broadcom to Acquire VMware for $61 Billion
In May, semiconductor supplier Broadcom announced it wasn’t going small at all with its expansion hopes. Its $61 billion bid for cloud computing company VMware, which was just recently spun out of Dell. The company had to answer obvious questions with the Securities and Exchange Commission such as “why?” when it had just made the case that its value was in independence. Its answers were the usual “growth” arguments, but one can imagine another big reason has to the do with dollar signs and the number of zeroes present in Broadcom’s offer.
