Broadcom Initiates Layoffs and Reviews Business Units Post VMware Acquisition – InfotechLead

Broadcom Initiates Layoffs and Reviews Business Units Post VMware Acquisition – InfotechLead

In the aftermath of Broadcom’s recent acquisition of cloud-computing giant VMware, reports have surfaced regarding significant changes within the organization. According to Bloomberg News, approximately 1,300 employees in California are set to face layoffs as part of a restructuring effort by the chipmaker.Insider sources revealed that Broadcom is also evaluating strategic options for two key … Read more

Broadcom Completes $69 bn VMWare Acquisition Amid Regulatory Scrutiny – InfotechLead

Broadcom, a prominent chipmaker, is set to conclude its acquisition of cloud computing firm VMWare on Wednesday, marking the culmination of a colossal $69 billion takeover that has been under intense global regulatory scrutiny.The company confirmed that it has secured all necessary regulatory approvals for the acquisition, including a recent nod from China with additional … Read more